Global Investors Fuel Britain's Nuclear Energy Ambitions

Canadian investment fund La Caisse and Britain's Amber Infrastructure plan to become the largest private investors in the Sizewell C nuclear project. With a significant investment of up to 30% of the capital, alongside contributions from EDF and government commitments, the project will boost Britain's energy security.

In a significant move towards bolstering Britain's nuclear energy infrastructure, Canadian investment fund La Caisse and Britain's Amber Infrastructure are set to become major private investors in the Sizewell C nuclear project. This initiative, reported by French newspaper Les Echos, underscores a collaborative international effort in the energy sector.

Sources revealed that the final investment decisions are awaited, with expectations that these investors will contribute between 25-30% of the project's capital. This investment is critical as the project's costs have escalated from initial estimates, prompting a deeper investment strategy.

The UK government has committed 17.8 billion pounds towards the project, while other significant players like EDF, Brookfield, and potentially Centrica, are expected to participate. The Sizewell C plant aims to enhance Britain's energy security and aid in achieving climate goals by powering 6 million homes.

(With inputs from agencies.)