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EDF faces $11m fine over project

Bloomberg Electricite de France (EDF) faces a possible $11 million fine after being accused by French regulators of providing false information on the Hinkley Point C nuclear project and lacking transparency concerning new circumstances that ramped up its cost. In October 2014, EDF announced it would build the UK’s first nuclear reactors since 1995 after reaching a deal with the ...

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Hundreds of Dutch farmers sign $561m wind-farm deal

Bloomberg A collective of more than 200 farmers in a rural part of the Netherlands got financing to build one of the largest onshore wind farms in the country. Windpark Zeewolde BV secured 500 million euros ($561 million) of debt from Rabobank to construct the 322-megawatt wind farm about 50 kilometres (31 miles) east of Amsterdam. The group plans to ...

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US puts pressure on Hitachi’s UK nuclear site sale to China

Bloomberg US President Donald Trump’s government has put pressure on Japan’s Hitachi Ltd not to sell a nuclear-power project in the UK to China, The Sunday Times reported, without saying where it got the information. Hitachi is weighing options for the Horizon nuclear project in Anglesey, according to the report. The company said in January 2019 that it would halt ...

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