Partner Article

Energy minister drums up interest for Horizon Nuclear

The Minister of State for Energy, Charles Hendry, has visited the Gloucester headquarters of Horizon Nuclear Power.

His visit follows the withdrawal of parent companies RWE and E.ON from the project at the end of March.

Speaking ahead of the visit Charles Hendry said: “Horizon Nuclear Power represents an extremely attractive investment opportunity.

“Horizon’s team is a prized asset. A group of very talented and experienced staff who have worked extremely hard over the past three years to make Wylfa and Oldbury two of the most attractive sites in Europe to invest in new nuclear.

“There has already been strong interest in Horizon and we are making the Government’s commitment to new nuclear clear to interested parties.

“The launch of the draft energy bill this week has shown investors that we are prepared to take tough decisions to ensure confidence in our long-term vision for the electricity market.

“While this is a commercial process, I am confident everyone involved is working to ensure a swift sale can be achieved, which will protect the jobs of those working here.”

This was posted in Bdaily's Members' News section by Tom Keighley .