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Hitachi buys UK nuclear project from E.ON and RWE | Hitachi buys UK nuclear project from E.ON and RWE |
(about 1 hour later) | |
Hitachi, Japan's largest industrial electronics maker, is to buy the UK's nuclear project Horizon. | Hitachi, Japan's largest industrial electronics maker, is to buy the UK's nuclear project Horizon. |
Horizon, which will build new reactors at Wylfa, Angelsey, and Oldbury, South Gloucestershire, is being sold by German-owned E.ON and RWE. | |
Babcock International and Rolls-Royce have signed preliminary contracts to join the Hitachi plan. | Babcock International and Rolls-Royce have signed preliminary contracts to join the Hitachi plan. |
Hitachi said the deal to build 6 gigawatts of nuclear capacity should be completed by the end of November. | Hitachi said the deal to build 6 gigawatts of nuclear capacity should be completed by the end of November. |
Hitachi did not disclose the value of the deal. | Hitachi did not disclose the value of the deal. |
The Hitachi Horizon programme involves building two to three plants on the existing sites, with the first unit becoming operational in the first half of the 2020s. | The Hitachi Horizon programme involves building two to three plants on the existing sites, with the first unit becoming operational in the first half of the 2020s. |
Hitachi said in a statement that it anticipates the creation of between 5,000 and 6,000 direct jobs at each site during the construction phase, with a further 1,000 permanent jobs per site upon start of the operation of each site. | Hitachi said in a statement that it anticipates the creation of between 5,000 and 6,000 direct jobs at each site during the construction phase, with a further 1,000 permanent jobs per site upon start of the operation of each site. |