23 October 2015
China joins EDF in UK Hinkley Point nuclear deal
The UK has admitted China into its power-generation market, allowing it to take a stake in the Hinkley Point nuclear plant
In August a deal signed by EDF and a Chinese state-owned consortium, led by China General Nuclear Corp (CGNC), gave China a 33.5% stake in the reactor – which will be the first to be built in the UK in decades. Hinkley is expected to be followed by more nuclear plants, including a second at Hinkley Point, two more at Sizewell, and then a reactor based on Chinese Hualong technology at Bradwell in eastern England - which would be the first Chinese-designed, built and operated reactor in the west. China is expected to take stakes in Sizewell but a controlling stake at Bradwell. Building a Chinese reactor in Britain is a goal of the global Sino-French state-owned partnership that EDF and nuclear
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