Wylfa Newydd 2700MW nuclear power plant

7/6/2016

Joint venture, Project development

Value:

£ 10 billion

Dollar value:

$ 14.544 billion

Status:

Announced

Date:

7/6/2016

Overview:

Wylfa Newydd 2700MW nuclear power plant.
Hitachi Nuclear Energy Europe, Horizon Nuclear Energy, Bechtel and JGC Corporation have formed a joint venture to develop a £10 billion 2700MW nuclear power plant at Wylfa Newydd on the Isle of Anglesey in Wales.
The new plant will be located next to the existing Magnox nuclear facility.

Sam Duke - Editor

Jurisdiction:

United Kingdom

Deal types:

Joint venture
Project development

Practice areas:

Corporate and M&A
Project development

Industry sector:

Energy

Firms:

A&O Shearman

Party: Horizon Nuclear Power (Joint venture partner, Project developer)

Lawyer: Gareth Price

Norton Rose Fulbright

Party: Hitachi (Joint venture partner, Project developer)

Lawyer: Peter Hall (moved in-house)

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