Japanese tax-payers to provide huge subsidy for Britain’s Wylfa Newydd nuclear project
Japan to pay 1 TRILLION yen to build Wales’ new nuclear power station Wylfa Newydd
Hitachi is closing in on a deal with the Japanese Government WalesOnLine, CHRIS KELSEY, 15 DEC 2016
A trillion yen (£6.79bn) funding package looks set to be agreed between the Japanese Government and Hitachi to help fund Wylfa Newydd.
Sources say that negotiators are closing in on the deal which would be one of biggest steps forward for the new nuclear power station project on Anglesey, which will cost around £10bn to develop.
It is reported it would be financed by the Japan Bank for International Cooperation, a public financial institution and state-owned Development Bank of Japan……..http://www.walesonline.co.uk/business/business-news/japan-pay-1-trillion-yen-12325267
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