Nuclear power plant to rival Sizewell C announced for UK
The coastal site of Wylfa on Anglesey has been earmarked to build the UK’s third major nuclear power station.
The coastal site of Wylfa on Anglesey has been earmarked to build the UK’s third major nuclear power station.
£700 million of funding was pledged to the project by the government in November 2022, followed by a further £511 million last summer.
The investment will be used to prepare the site for construction, supply chain procurement, and hiring a workforce.
Construction of Sizewell C nuclear power station is to be sped up after a £170 million investment by the UK Government.
HSBC Holdings Plc is currently in discussions with investment funds regarding potential loans aimed at financing the construction of the Sizewell C nuclear plant in the UK
Steve O’Sullivan replaces Nigel Russell who was promoted to CEO of Balfour’s HS2 Major Projects business in January.
Chief executive Mark Cutler said activity was hampered by a more challenging and price sensitive regional construction market.
Chief commercial officer at Persimmon Homes, Martyn Clark, will succeed Peter Truscott as CEO at the housebuilder following Truscott’s retirement.
Darryl Brown, the new regional commercial director for the North East, joins GMI from Leeds-based Priestley Construction.
The Abbey Group has started the groundworks package for the St. James’ STACK project, a new entertainment venue at Strawberry Place.