ad

Horizon Nuclear Power purchase completed

Published date: 28 November 2012 |
Published by: Geraint Jones
Read more articles by Geraint Jones


 

A JAPANESE company’s buy out of the company with the rights to build Wylfa B has been finalised.

Hitachi Ltd completed the purchase of Horizon Nuclear Power from E.ON and RWE on Monday.

Horizon chief operating officer Alan Raymant said was delighted that the deal has completed.

He said:“Hitachi has a world-class track record. Its advanced boiling water reactors have all been constructed to time and to budget, and we plan to replicate that success in the UK.

“Now the sale has completed we will focus on developing our programme and strategy.”

He added: “Wylfa will continue to be the lead site for development and we look forward to providing further detail on our approach in the new year”.

Wylfa B would create around 6,000 construction jobs at peak, and 1,000 operational jobs when completed.

Horizon also confirmed it would contribute a further £90,000 to support the Cwmni Prentis Menai scheme on Anglesey for a third year, bringing its total funding to £270,000.

Mr Raymant added: “We look forward to working with partners, colleges and universities to develop training programmes.

" In the meantime I’m delighted to confirm a third year of funding for the cohort of apprentices going through the Coleg Menai scheme.

“The College is exactly the sort of facility we need, and will help generations of young people in North Wales capitalise on the opportunities a new power station will bring.”

Anglesey Council leader councillor Bryan Owen, welcomed the sale's completion and additional funding for the Cwmni Prentis Menai scheme.

He said: "Hitachi's purchase of Horizon Nuclear Power is a significant step forward in terms of securing new build here on Anglesey and will give us renewed confidence for the future.

“The additional funding for Coleg Menai's training programme, Cwmni Prentis Menai, also demonstrates Horizon's continued commitment to developing our young people.”
 

You must be a registered user to leave a comment. Register or login here.

Featured Businesses

View all adverts