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Hitachi acquires Horizon nuclear programme

30th October 2012

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JAPANESE engineering group Hitachi has bought the Horizon nuclear project which is to build new power stations in Anglesey and Gloucestershire.It is understood to have agreed to pay £700m for the two sites and rights to build new reactors.The venture has been sold by German-owned E.ON and RWE who decided to pull out of the project in March.In a statement the Department for Energy and Climate Change said: "Hitachi this morning confirmed that it intends to progress with Horizon Nuclear Power's plans to build between two and thr......for the full story register now for free or login below...


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