Palantir a high-risk investment with ’a one-of-a-kind growth and margin model’
Investing.com -- The UK government has made a final investment decision on the Sizewell C nuclear power plant, a £38 billion ($51 billion) project that will play a crucial role in meeting the country’s energy and climate objectives.
The British government will maintain a minority stake of approximately 45% in the project, with the remaining investment coming from a consortium of private and state-owned entities.
These include French state-owned Electricite de France SA (EPA:EDF), Caisse de Dépôt et Placement du Québec, Centrica Plc (LON:CNA) and Amber Infrastructure Group Ltd.
UK Energy Minister Ed Miliband emphasized the importance of the project in a statement released Tuesday: "It is time to do big things and build big projects in this country again — and today we announce an investment that will provide clean, homegrown power to millions of homes for generations to come."
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