Sizewell C project gets extra £1.3bn for enabling works

Aaron Morby 1 year ago
Share

The government has injected an extra £1.3bn to support the construction of Sizewell C nuclear power station on the Suffolk coast.

Govrnment puts up an extra £1.3bn to continue enabling works
Govrnment puts up an extra £1.3bn to continue enabling works

Representing the largest funding package to date, the cash will allow early construction works to continue ahead of a final investment decision later this year.

The funding from existing budgets will support ongoing preparatory works such as improvements to roads and rail lines around the Suffolk site, ensuring the necessary local infrastructure is in place before full construction begins.

Committing further government support at this stage will help the project stay on schedule and keep down overall costs.

The Development Consent Order (DCO) triggered by Sizewell C on 15 January gave the formal green light for construction to begin and released £250m funding for initiatives for the local community and environment.

Investing an additional £1.3 billion consolidates the government’s position as the majority shareholder in the project.

It follows a £700m funding pledge in November 2022 and a further £511m agreed last summer.

Julia Pyke, joint managing director at Sizewell C, said: “The funding means we can step up activity in Suffolk and deliver on our commitments to local communities.

“Sizewell C will build on the huge contribution of Hinkley Point C in restarting nuclear construction in Britain.

“It will bring another big boost to British nuclear skills and training, putting the industry in an even better position to deliver the other projects this country needs for its low carbon future.”

In addition to the 500 people employed so far, Sizewell C has plans to award 70% of the value of construction to UK businesses, helping to create thousands of jobs in Suffolk and nationwide.

The project will also create 1,500 apprenticeships, helping to build the skills base to support the UK’s long-term plans for new nuclear.

Once operational, the plant will generate 3.2GW of electricity, equating to 7% of the UK’s needs and enough to power up to 6 million British households for over 60 years.

 

Latest news

HS2 Curzon Street station redesign approved as timber roof axed

Change to meet stricter fire safety rules and cut maintenance costs
3 hours ago

Care home fire trial collapses

Prosecution withdrawn against four firms including Morgan Sindall Property Services
1 day ago

Leicester rebids £22m station revamp after failed tender race

Council opts for ECI route after receiving one bid for project
3 hours ago

Kier wins East Coast College rebuild job in Great Yarmouth

Work to start this summer for 1,300-student college
4 hours ago

R G Carter wins £28m hospital car park job in King’s Lynn

MSCP paves way for £1.5bn Queen Elizabeth Hospital rebuild in 2027
4 hours ago

London to relax green belt building rules

Sadiq Khan shifts position on planning
4 hours ago

Willmott Dixon wins Great Yarmouth waterfront deal

North Quay 10.5 acres mixed-use scheme to advance
24 hours ago

SIG chief quits to join Travis Perkins

Gavin Slark to leave by the end of this year
4 hours ago

Eight take key spots on £250m Prosper framework

Housing and public building upkeep deal for North East awarded
1 day ago

Early call-out for £150m Ebbsfleet Garden City infrastructure

Bidders day to set out plan for Ebbsfleet Central commercial scheme
2 days ago

McLaren storms April contracts league with flurry of wins

Cardiff Bay Arena job headlines a series of big contract wins
1 day ago

Balfour Beatty lifts cash forecast after strong first quarter

Contractor set to hit £1bn average monthly net cash in 2025
1 day ago

Goldman Sachs-owned Adler & Allan buys 180-strong civils outfit

West Country's Glanville Environmental gets new owner
1 day ago

Caddick lands first contract for £200m Skelmersdale revamp

Developer gets green light for masterplan
1 day ago

Van Elle sells HGV fleet to haulage firm

WS Specialist Logistics pays £2.9m to take on fleet and drivers
1 day ago

Buyers more bullish about prospects for year ahead

Residential "resilient" but commercial work a weak spot
2 days ago

Council backs first Brutalist car park-to-flats scheme

Newcastle-under-Lyme multi-storey car park to be reborn as pioneering homes scheme
2 days ago

Hinkley Point C hits peak build with 26,000 jobs

3,000 more workers to join as fit-out work ramps up
2 days ago

Over 40 firms win Wessex Water M&E minor works deal

Broad sweep of specialists picked for AMP8 programme
2 days ago

Spencer lands Scottish bridge hat-trick

Steelwork, gantries and bearing upgrades on Kessock, Forth and Tay crossings
3 days ago

Winners revealed for £1.5bn decarbonisation deal

Fusion21 confirms places for 40 firms: Full list
2 days ago

Cladding firm fined £225,000 after fatal fall

Court hears how cherry picker didn't reach all parts of repair job
2 days ago

Completed buildings caught-up in Gateway 2 chaos

Developer distraught after dealing with Building Safety Regulator
3 days ago

Aviva submits plans for 34-storey City office tower

Subject to planning work to start in autumn 2027
3 days ago

Murphy takes 40% stake in Aussie civils contractor

Firm enters Australasian market with stake in Sydney-based contractor Abergeldie
4 days ago

Moat seeks firm for £420m repairs and maintenance deal

15-year deal to upkeep 20,000 south east homes
3 days ago

Lynch takes over hotel for Sizewell plant operators

Hire giant now in the hotel business to guarantee accommodation for workers
3 days ago

Subcontractors wanted across Scotland

Latest Constructionline event in Glasgow: Register now
3 days ago

Six guilty of £2m bribery over Devon housing site deals

Corrupt building bosses and E.ON project chief and QS sentenced
1 week ago

1,650 former ISG staff launch legal claims

Redundancy Payment Service facing payout of more than £9m
1 week ago

Contractor services