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Evening Standard
Evening Standard
David Lynch

EDF investment hailed as ‘vote of confidence in UK’, despite reduced stake

EDF United Kingdom Sir Keir Starmer Suffolk Electricity Energy
File photo dated 01/09/22 of a general view of EDF’s Sizewell B nuclear power station in Suffolk. Energy minister Michael Shanks has said communities “will still absolutely have a voice” in any planning processes for building new nuclear reactors. Issue date: Thursday February 6, 2025. - (PA Wire)

The Prime Minister has hailed investment by French energy giant EDF in the Sizewell C nuclear plant as “a vote of confidence in the UK as an investment destination”, though the company appears to be taking a reduced stake in the major project.

The French state-owned electricity company said it had agreed in principle to invest £1.1 billion in the power plant on the Suffolk coastline.

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