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United Kingdom · Question · Written question

HL HL7069

Sizewell C Power Station: China General Nuclear Power Corporation

answeredUnited Kingdom· UK Parliament· EN

Introduced

30 March 2023

Last action

17 April 2023 · Answer

Status

Answered

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Subjects

Nuclear energy

Source updated

17 April 2023

Nuclear energy

Summary

To ask His Majesty's Government why they paid Chinese state-owned power group CGN over £100mn to withdraw from its proposed 20 per cent share of the Sizewell C nuclear power station project.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 30 March 2023

    Written question

    To ask His Majesty's Government why they paid Chinese state-owned power group CGN over £100mn to withdraw from its proposed 20 per cent share of the Sizewell C nuclear power station project.

    Source: Lords

  2. 17 April 2023

    Answer

    Following constructive commercial negotiations, CGN decided to exit the project as part of the Government investment in Sizewell C. The agreement to secure their exit covered value of their shareholding, their contribution to the project’s development and...

    Source: Written answer

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