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4d ago

EDF Confirms £1.1 Billion for 12.5% Stake in Sizewell C

Private investors are poised to firm up commitments before the project’s final investment decision this summer under the government’s £14.2 billion backing.

FILE PHOTO: A general view of the construction site entrance to Sizewell C as building works continue for the new nuclear power plant that is being built next to the current Sizewell B plant in Suffolk England, June 11, 2025. REUTERS/Chris Radburn/File Photo
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Overview

  • EDF has formally committed £1.1 billion for a 12.5% equity stake in the twin-reactor plant, down from its 16.2% share at the end of 2024.
  • The UK government remains the largest investor with its £14.2 billion pledge announced in June’s Spending Review.
  • Centrica, Amber Infrastructure Partners, Brookfield Asset Management and CDPQ are expected to confirm their stakes ahead of the summer decision.
  • Sizewell C is designed to generate enough low-carbon electricity for about six million homes to strengthen Britain’s energy security and net-zero strategy.
  • The project follows CGN’s 2022 exit and draws on lessons from Hinkley Point C’s cost overruns as stakeholders seek a balanced public-private funding model.