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United Kingdom: Nuclear power station at Hinkley gets go-ahead as coalition signs off EDF deal

2013-10-20 23:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Britain is to embark on building the first nuclear power station for two decades on Monday as the coalition hands a multibillion subsidy to France's EDF with help from a state-owned Chinese firm. The two planned pressurised water reactors at Hinkley Point C, Somerset, are the first to start construction in Europe since Japan's Fukushima disaster and the first in the UK since the Sizewell B power station came online in 1995. The new reactors, which will cost 14bn, are due to start operating...

Tags: off united power kingdom

Nuclear power plant set for go-ahead

2013-10-20 19:42:20| BBC News | Business | UK Edition

The government is expected to give the go-ahead on Monday for a consortium including Chinese investors to build the UK's first nuclear plant in a generation.

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United Kingdom: Nuclear power plant set for go-ahead

2013-10-20 19:42:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: The government is set to give the go-ahead for the UK's first new nuclear plant in a generation on Monday. French-owned EDF Energy will lead a consortium that includes Chinese investors to build the Hinkley Point C power station in Somerset. Ministers and EDF have been in talks for more than a year. But it is understood that the two sides have agreed the all-important "strike price" - the guaranteed rate to be paid for electricity produced at the site. Chancellor George Osborne removed...

Tags: set united power kingdom

Early Redemption of Restructured ABCP Gets Go-Ahead

2013-10-03 10:56:45| Footwear - Topix.net

Investors in restructured debt that emerged from the collapse of C$32 billion of Canadian asset-backed commercial paper in 2007 now have the chance to redeem their notes before maturity.

Tags: early redemption restructured abcp