United Kingdom: Hitachi confirms £700m Horizon nuclear deal

BusinessGreen: Hitachi has this morning confirmed it will buy the Horizon nuclear venture from E.ON and RWE in a £696m deal that could see the Japanese conglomerate build between four and six new reactors in the UK. The widely trailed purchase is a much-needed shot in the arm for the government's plans to build 16GW of new nuclear capacity by the mid-2020s, which had looked in jeopardy after the two German utilities put Horizon up for sale earlier in the year. Hitachi said it intends to progress with plans...

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