Sizewell C nuclear plant gets final investment go-ahead, with Centrica taking 15% stake

  • Downing Street has approved the final investment decision to go ahead with the Sizewell C nuclear plant, where British Gas owner Centrica PLC (LSE:CNA) has agreed to acquire a 15% equity stake. A funding model has been agreed that the government said spreads the estimated £38 billion cost of constructing the 3.2 gigawatt nuclear power station in Suffolk between consumers, taxpayers and private investors.