One of the backers of the Thames Tideway Tunnel is in talks to help finance the £16bn Sizewell nuclear plant that is being built in East Anglia. Dalmore Capital has confirmed exclusively to The Telegraph that it is in early talks with EDF Energy to take a stake in its follow-up to the Hinkley Point C nuclear project. Alistair Ray, Dalmore’s co-founder, said the Sizewell project was attractive. “The problem to date is that there is too much risk in these projects,” he said. “If the project financing can be structured in a way which offers a fair return for the risk involved there is plenty of pension fund and insurance fund money looking to get into assets like this.” EDF Energy is hoping to develop a financial model to support the Sizewell C nuclear plant, which will see infrastructure investors and pension funds compete to invest in the project.
Telegraph 20th Jan 2018 read more »