UK markets open in 21 minutes
  • NIKKEI 225

    28,874.89
    -9.24 (-0.03%)
     
  • HANG SENG

    28,709.89
    +400.13 (+1.41%)
     
  • CRUDE OIL

    73.08
    +0.02 (+0.03%)
     
  • GOLD FUTURES

    1,779.90
    +2.50 (+0.14%)
     
  • DOW

    33,945.58
    +68.61 (+0.20%)
     
  • BTC-GBP

    24,448.90
    +920.28 (+3.91%)
     
  • CMC Crypto 200

    819.37
    +25.05 (+3.15%)
     
  • ^IXIC

    14,253.27
    +111.79 (+0.79%)
     
  • ^FTAS

    4,046.87
    +19.91 (+0.49%)
     

EDF CEO expects investment decision on Hinkley Point this year

BRUSSELS, Feb 23 (Reuters) - EDF CEO Jean-Bernard Levy said on Tuesday he expected the French utility would take a final investment decision on the British Hinkley Point nuclear plant "very soon," which he added meant this year.

"We are working actively today with our Chinese partners to complete the discusssion that are we are having and announce a final investment decision very soon," he told a Brussels conference on energy.

The 18 billion pound (23.26 billion euro) project was first announced in Oct (HKSE: 3366-OL.HK - news) . 2013 and EDF (Paris: FR0010242511 - news) announced a partnership for it with Chinese utility CGN in Oct. 2015, but an investment decision has been delayed several times although EDF has said repeatedly a decision would come soon. (Reporting by Barbara Lewis and Alissa de Carbonnel; editing by Geert De Clercq)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting