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The Guardian - UK
The Guardian - UK
Environment
Alex Lawson Energy correspondent

UK buys option to take 20% stake in Sizewell C nuclear power plant

Sizewell C Nuclear Power United Kingdom Kwasi Kwarteng China
A protest against Sizewell C in Suffolk.
A protest against Sizewell C in Suffolk. Photograph: Gregg Brown/PA

The government has bought an option to take a 20% stake in the Sizewell C nuclear power plant in a move that could ease China’s state nuclear company out of the project.

Ministers took a £100m option to invest in Sizewell C’s holding company in January and said on Tuesday it would convert that into equity if the project reaches a final investment decision.

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