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Reading: ‘Abu Dhabi eyes stake in Sizewell C’
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KSA Newsroom > News > KSA > Energy > ‘Abu Dhabi eyes stake in Sizewell C’
Energy

‘Abu Dhabi eyes stake in Sizewell C’

KSA Newsroom
Last updated: 2023/11/27 at 8:08 AM
KSA Newsroom 2 years ago
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The UK Government is reportedly in talks with Abu Dhabi investors, including the UAE sovereign wealth fund Mubadala, to secure a significant stake in the Sizewell C nuclear power plant.

This comes in the aftermath of China General Nuclear’s removal from the project due to national security apprehensions, with the UK spending nearly £100 million to buy out the Chinese-owned company’s 20% stake.

As ministers scramble to find investors for the £20 billion power station in Suffolk, concerns have arisen among Conservative MPs regarding the Emirati bid for The Daily and Sunday…



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