Power Markets
The Financial Times reports that Britain's Centrica will take a 15% stake in the Sizewell C nuclear plant.
The Financial Times, citing sources familiar with the talks, reported that British Gas' owner Centrica was set to acquire a 15% stake at the Sizewell C nuclear plant in southeast England. The report stated that all sides were eager to make a final decision about the project's investment before the British Parliament recess, which begins on July 21. Could not confirm immediately the report. The government announced earlier this month that it would invest an additional 14.2 billion pounds (19.25 billion dollars) in the construction of the Sizewell C Nuclear Plant, bringing its total investment to 17.8 billion pounds. Britain...