Sizewell C Secures Financing, Reaches Financial Close

Sizewell C reached financial close, enabling full funding for the Suffolk nuclear project. The developer secured £5.5 billion in new facilities, including £5 billion via a BpifranceAE export credit facility and a £500 million working capital facility. Government estimates put construction at about £38 billion. The UK Government holds 44.9% equity; other investors include La Caisse (20%) and Centrica (15%).