UK gives green light to £38 billion Sizewell C nuclear plant

The UK government on Tuesday gave green light to new British nuclear power plant Sizewell C the final go-ahead after reaching a deal with investors, aiming to bolster net zero and energy security goals. The government said Sizewell C, in eastern England, will cost around £38 billion to construct. The project will also be funded by Canadian pension fund La Caisse, British Gas owner Centrica, Amber Infrastructure and French energy giant EDF.