Overview

• EDF will invest £1.1bn for a 12.5% equity stake in Sizewell C, down from its previous 16.2% share
• The UK government’s existing £14.2bn commitment remains in place under a regulated-asset-base model to support net-zero targets
• Additional investors such as Centrica and Brookfield Asset Management are expected to confirm stakes ahead of a final investment decision due this summer
• The announcement coincides with President Macron’s state visit and highlights long-standing Franco-British cooperation on civil nuclear projects
• Sizewell C’s twin reactors are designed to deliver low-carbon baseload power for six million homes while leveraging cost savings from Hinkley Point C’s shared design and supply chains