(Corrects paragraph 1 to clarify that Apollo Global is a private capital group, not just a private equity firm. The error also appeared in Update 1 and a corrected ...

The cost estimation for Great Britain’s Hinkley point C nuclear power plant has effectively doubled from 2016 to 2023. Hinkley Point is really a colossal miscalculation of risk management. The Hinkley ...

More delays and cost hikes have hit the U.K.’s project to build the 3,260-MW Hinkley Point C plant nuclear project in Sommerset, England. The French state-controlled project owner Electricité de ...

Following recent news of additional delays and cost hikes on the U.K.’s 3,260-MW Hinkley Point C nuclear power plant, the project company has reported an impairment of $14 billion on its assets.

US private equity giant Apollo will back the Hinkley Point C nuclear power station with a £4.5bn loan, according to reports. The loan will be provided as unsecured debt to EDF, the French state-owned ...

The UK's Hinkley Point C nuclear power plant, which was expected to be completed in 2027 and cost up to GBP26 billion, is now unlikely to be operational before 2030, with the overall cost revised to ...

Natural England has told developer EDF that existing plans to stop aquatic life in the Severn Estuary from being sucked into the Somerset plant’s cooling pipes will not be enough to satisfy ...

It’s a well-worn narrative: UK construction project reports massive budget overruns and delays. Hinkley Point C, the country’s first new nuclear plant in more than a quarter of a century, will cost as ...

The Great Mosque of Mecca is considered the most expensive building in the world at $115.2 billion. Right behind it comes….a nuclear power plant! The two-reactor 3,260MW Hinkley Point C nuclear site ...