Layer3.news — Julia Pyke

SIZEWELL C SECURES $6.56BN DEBT FACILITY, UNLOCKING FULL‑SCALE CONSTRUCTION

https://s.yimg.com/ny/api/res/1.2/dHtqLs8EjFefUdOtIONDrQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/world_construction_network_914/5ad59e0de998deced39e8b7eeb5348d6

✍️ The Sizewell C nuclear power project in England has secured a £5bn debt facility, paving the way for full-scale construction and expected to contribute to annual savings of £2bn in the low-carbon electricity system.

👉 Secured £5bn debt facility for full-scale construction 👉 Expected to contribute to annual savings of £2bn in the low-carbon electricity system 👉 Received investment-grade credit ratings from Moody's, S&P, and Fitch 👉 Secured funding from private, independent financial investors 👉 Expected to supply electricity to up to six million homes for at least six decades 👉 Will create tens of thousands of jobs during construction

-- #JuliaPyke #NigelCann #EdMiliband #England #energy

Loading quoted post…

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq07th3626znxxnrfepg5qwtczx7598rk46ps9qqlu0fmvmnpl44zqswlvke

Julia Pyke Nigel Cann Ed Miliband England energy mainstream:perspective

11/5/2025

npub1vap2usg…grwc3n

UK APPROVES £38BN SIZEWELL C NUCLEAR POWER PLANT IN SUFFOLK

https://s.yimg.com/ny/api/res/1.2/s0_VJ9SgU6gkZLpUY9tb2A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/world_construction_network_914/0567e2dfd743407e9081804635a29bed

✍️ The UK government has approved the £38bn Sizewell C nuclear power plant in Suffolk, England, which is expected to generate clean energy for six million homes and create 10,000 jobs.

👉 Generates clean energy for six million homes 👉 Creates 10,000 jobs 👉 Projected to provide affordable clean electricity for at least 60 years 👉 Potential savings of £2bn annually in the future low-carbon electricity system 👉 Creates 1,500 apprenticeships 👉 70% of construction value is expected to be awarded to British businesses