EDF investment brings Sizewell C one step closer, says Prospect

Confirmation that EDF is taking a 12.5% stake in Sizewell C is another step critical forward for the project, which will help to secure the future of nuclear power in the UK, says Prospect.

EDF is the first shareholder to announce its backing for Sizewell C, after the UK government announced its own £14.2bn investment last month.

Sue Ferns, Prospect Senior Deputy General Secretary, said:

“Sizewell C is critical to securing the future of the nuclear industry in the UK, so this confirmation of EDF’s stake in the project is welcome.

“Taken together with the investment the government has recently put forward, a Final Investment Decision (FID) for the project is now within touching distance.

“The parties involved should confirm the FID as soon as possible so work can get going in earnest.”