On September 27, 2024, the Cranes surrounded one of the two reactors built at Hinkle Point C at Bridgewater, England.
Anna Barkley | Getty Images News | Getty pictures
The US Asset Management Giant Apollo is gearing up to give Billion a 4.5 billion (Billion 6 billion) loan to increase the deficiency facing the UK Nuclear Project Hinkle Point.
Agreement was first reported Financial times Two sources talking to CNBC on the state of anonymity are supported by the sensitivity of the subject on Friday and on Friday.
The construction of the Hinkle Point C plant, the first nuclear power station in Britain in Britain, has been delayed and increased in the budget.
An investment-grade, an unsafe loan financial package for the Apollo project is offered at less than 7%interest rate, a source said.
Apollo and Hinkle point the majority owner EDF refused to respond.
This agreement is one of the largest private investments in the UK National Interest Plan.
Apollo told CNBC that “around” the contract chance for several weeks and “Negotiation with EDF is deeper.”
This is a breaking news story and will be updated soon.
– CNBC’s Lily McCell has contributed to reporting.
