Centrica is believed to be ready to pull out of plans to build nuclear power stations in Britain – clearing the way for Chinese investors to step in.
The expected exit would mean the government’s push for a new generation of nuclear power stations would proceed without any big UK company involved.
Centrica, owner of British Gas, has the option of taking a 20 per cent stake in four new reactors – two at Hinkley Point in Somerset and two at Sizewell in Suffolk – in a partnership with EDF, the French state-owned utility. These would be the first nuclear power plants to be built in the UK since 1995.
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