Wylfa

The company behind Wylfa Newydd on Anglesey has denied its owner is trying to distance itself from the scheme. When operational, the £10bn nuclear plant is expected to create 850 permanent jobs and should start generating power by 2025. Reports in Japan suggest owner Hitachi will suspend the project if new investors fail to come forward. But Horizon – a subsidiary it has charged with delivering Wylfa – said it was confident it would proceed. A spokesman for Horizon told BBC Wales’ Newyddion 9 that parent company Hitachi had made it clear from the start that new investors would be required to complete the Wylfa Newydd scheme. “It’s not Hitachi’s intention – and never has been – to completely sell Horizon,” he added. “We’re very confident that we will attract the investment required for this project.”

BBC 28th June 2017 read more »

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Published: 30 June 2017