Engagements

Part of Oral Answers to Questions — Prime Minister – in the House of Commons on 13th February 2019.

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Photo of Theresa May Theresa May The Prime Minister, Leader of the Conservative Party

No it is not. On Hitachi and the Wylfa site, we offered a package of support that no previous Government had been willing to consider of one third equity, all-debt financing and a strike price of no more than £75 per MWh. Ultimately, we could not at that stage reach an agreement among all the parties, and Hitachi decided on a commercial basis to suspend the project, but it has made clear that it wishes to continue discussions with the Government on bringing forward new nuclear at Wylfa, and we will support those discussions.