Hitachi buys Horizon Nuclear Power

摘要

Hitachi has signed a ￡700mn deal under which it will acquire Horizon Nuclear Power. The Japanese company is buying Horizon from Germany's E.On and RWE, which are withdrawing from the UK nuclear market. RWE and E.On put the business up for sale in March after Germany's move to abandon nuclear power in the wake of Japan's Fukushima disaster. Hitachi has confirmed that it intends to progress with Horizon's plans to build between two and three new nuclear plants at Wylfa on Anglesey and the same at Oldbury in Gloucestershire. According to the UK Department of Energy and Climate Change (DECC), this new infrastructure could generate power equivalent to up to 14mn homes over 60 years, with the first plant potentially feeding electricity into the grid in the first half of the 2020s.