no legally binding contract in £18bn hinkley point nuclear project /

Published at 2016-03-09 21:32:53

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Five months after deal was announced,EDF and Chinese partner acquire failed to finalise agreement as concerns around financing continue to mountThe energy company behind the Hinkley Point nuclear project has still not signed off a contract with its Chinese partner that is needed for the £18bn plant to go ahead.
EDF Energy
and China General Nuclear Power Corporation (CGNPC) reached an outline deal that was unveiled final October by David Cameron during a state visit by the Chinese president, Xi Jinping. But five months on the companies acquire not finalised the agreement, and amid growing doubts over EDF’s commitment to the project. Related: Hinkley Point C: what you need to know about the nuclear power project Related: Finally,someone at EDF sees the £18bn farce that is Hinkley Point Continue reading...

Source: theguardian.com