Deals
U.K. Nears $22 Billion Deal for First Atomic Plant Since ’95
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The U.K. is “extremely close” to announcing a deal with Electricite de France SA to build Britain’s first nuclear power station since 1995, Energy Secretary Ed Davey said.
The agreement may be announced as soon as this week after two or three remaining issues are resolved, said a government official briefed on the talks, who didn’t want to be identified before negotiations are completed. Paris-based EDF would build two reactors at Hinkley Point in southwest England at an estimated cost of 14 billion pounds ($22 billion).