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3w ago

Centrica Poised to Invest 15% in Sizewell C Nuclear Plant

Talks with Centrica alongside Brookfield represent the last major investment push for Sizewell C before a decision due ahead of Parliament’s summer recess.

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Investment in the Sizewell C nuclear power plant has been made more palatable through a generous financial support package
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Overview

  • Centrica is preparing to take a 15% stake in the UK’s Sizewell C nuclear power project, according to Financial Times sources.
  • Brookfield Asset Management is also in discussions and could secure a larger share in the £40 billion development.
  • Chancellor Rachel Reeves has secured a £14.2 billion government commitment, making the state the majority investor alongside EDF.
  • Backers are aiming for a final investment decision before Parliament breaks for summer recess on July 21, 2025.
  • Sizewell C is expected to generate electricity for six million homes, create 10,000 jobs, and is financed under a regulated asset base model that shifts costs to consumers.