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Hitachi Seeks to Revive U.K. Nuclear Plant Plans, FT Reports

Hitachi Ltd. subsidiary Horizon Nuclear Power has been holding detailed conversations with U.K. government officials in recent weeks to revive plans for a proposed nuclear power plant in north Wales, the Financial Times reported.

Horizon has been trying to convince ministers that plans for the Wylfa Newydd plant on Anglesey could be quickly restarted if they can produce a new financing model for large nuclear power stations in the U.K., Chief Executive Officer Duncan Hawthorne told the Financial Times.

Read full BNN Bloomberg article here