The UK government is signaling a preference that Chinese partners gain only a minority stake in the country’s troubled Horizon nuclear project.
The FT reports that UK officials would prefer that Toshiba Westinghouse and State Nuclear Power Corp of China are involved in consortia bidding for the project.
The website quoted a person familiar with deliberations in the U.K.’s energy department as saying “it has always been understood that the Chinese could not have more than 50%, for reasons of public acceptance and political acceptance.”
However DECC officials have contradicted that statement and say the government doesn’t have a “fixed view” on the composition of the consortia, the FT reported.
The bidding date is imminent for the same of nuclear assets being put up by E.ON and RWE and two consortia have Chinese investors involved on the bid for the project at Wylfa B in north Wales.
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