LONDON | Work on UK nuclear power plant halted over financing impasse

17Jan - by Editor - 0 - In STL.News

LONDON—Jan 17, 2019—Work on a major new nuclear power station in Britain was suspended after the developer, Japan‘s Hitachi, said Thursday it had been unable to agree on financing with the U.K. government.

Hitachi said Thursday that it was halting work already underway on the Horizon Project, located in Wylfa, on the Welsh island of Anglesey. It will also suspend work on another site located in England.

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