The French energy company EDF is reportedly in talks with investors to raise up to £4bn to finish the delayed Hinkley Point C project in Somerset, Britain’s first new nuclear reactors in a generation.
The utilities company, owned by the French state, has approached investors to help cover the ballooning cost of constructing the nuclear plant, which is understood to have reached almost £50bn due in part to supply chain issues and struggles securing skilled engineers, according to Bloomberg.