EDF says on track to build UK's Hinkley nuclear plant by 2025
LONDON, Sept 16 (Reuters) - French utility EDF (Hanover: E2F.HA - news) expects to complete the 18 billion pound ($23.76 billion) Hinkley nuclear project in Britain in 2025, Vincent de Rivaz, CEO of EDF Energy, said on Friday.
The British government gave final approval for the project on Thursday, in which state-owned China General Nuclear Power Corporation (IPO-CGNP.HK) has agreed to take a 33 percent stake.
The project suffered delays as EDF (Paris: FR0010242511 - news) searched for financing.
($1 = 0.7575 pounds) (Reporting by Susanna Twidale; editing by Jason Neely)