Sizewell C financial close unlocks full-scale construction

Full-scale construction of the planned Sizewell C nuclear project can now proceed after a £5.5bn debt raise with 13 banks completed the financial package for the £38bn construction job.
Sizewell C becomes the first nuclear project in the world financed through private investors under the UK’s Regulated Asset Base model — the same structure used to fund Heathrow Terminal 5 and the Thames Tideway Tunnel.
Construction is estimated to be around 20% cheaper than the near-ident