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Message Subject *** Fukushima *** and other nuclear-----updates and links
Poster Handle Anonymous Coward
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Centrica pulls out of new UK nuclear projects

Utility Centrica (CNA.L) has pulled out of plans to build new nuclear power stations in Britain with partner EDF (EDF.PA), paving the way for Chinese investors to enter the UK market through a partnership with the French firm.

Centrica said it had decided to waive an option of taking a 20 percent stake in four new reactors - two at Hinkley Point in Somerset and two at Sizewell in Suffolk.

Centrica's decision was largely expected, but it casts some doubt on the UK government's plan to attract investment to revive the nuclear industry.
[link to www.nucpros.com]
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