EDF eyes UK government help for nuclear reactor

EDF Energy is in talks with the UK government that could see taxpayers help guarantee some of the cost of a new multi-billion pound nuclear reactor in Somerset.

The world's biggest operator of nuclear reactors is in early stage talks with the Treasury about underwriting some of the financing of the reactor at Hickley Point, which is expected to cost about £7bn.
The hope is that any guarantees will help persuade some of the world's largest pension funds to stump up money to help create the next generation of nuclear reactors in Britain.
[link to www.telegraph.co.uk]
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