A Strategic Investment Agreement for the construction and operation of the proposed Hinkley Point C nuclear power station has been signed, along with the Heads of Terms of a wider UK partnership to develop new nuclear power stations at Sizewell and Bradwell.
“Announcement of investment is good news for Sizewell C, good news for Suffolk and good news for our local and regional economy,” said John Dugmore, Chief Executive of Suffolk Chamber. “We know that Sizewell C will see £40 million invested into the local economy during each year of operation, and with almost 1,000 local companies registered on the Sizewell Supply Chain platform, today’s announcement is a big step forward for this vital national infrastructure project.
With over 5,000 jobs being created during the peak of construction and 900 jobs created when it operates, there is no doubt this nationally important infrastructure project will make Suffolk and East Anglia the engine room of heat and light across UK plc,” he continued. “This announcement means we are a step nearer these jobs and this investment becoming a reality.”
See the attached press release that sets out more detail about these agreements here.