Categories: World

Hitachi Says Pulling Out of Horizon Nuclear Plant Construction in UK

MOSCOW (Sputnik) – Japanese multinational company Hitachi said Wednesday it would end its work on the Horizon nuclear plant project in the United Kingdom, which had been suspended since 2019.

A handout image released on January 17, 2019 by Horizon shows an artists impression of the new Wylfa nuclear plant in Anglesey, north Wales to be built by Hitachi

Hitachi-owned Horizon Nuclear Power was expected to build several reactors in the UK. However, it had some difficulty finding investors for one of the sites. After Hitachi suspended the project, the UK government offered it a support package in exchange for a stake in the project, but this failed to create the necessary incentive.

Sourse: sputniknews.com

Hitachi Says Pulling Out of Horizon Nuclear Plant Construction in UK

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