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UK strikes deal with private investors to build £38bn Sizewell C nuclear power plant

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Government’s deal with EDF, Centrica and other backers marks end of 15-year journey to win funding for project

The UK government has struck a deal worth more than £38bn with private investors to back Britain’s biggest nuclear project in a generation at the Sizewell C site on the Suffolk coast.

The long-awaited multibillion-pound deal brings together investment from the UK government and Sizewell C’s developer, the French energy group EDF, with a consortium of three other investors including the British Gas parent company Centrica.

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