Horizon Nuclear Power, the developers of a proposed new nuclear power station at Oldbury, today welcomed completion of the company’s purchase by Hitachi Ltd of Japan, four weeks after agreement was reached with shareholders E.ON and RWE. The company its assets and its staff have now been acquired by Hitachi as a going concern. Horizon Chief Operating Officer Alan Raymant
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Plans for a new nuclear power at Oldbury-on-Severn are back on track after a Japanese firm stepped in to buy Horizon Nuclear Power, which had pulled out of the project earlier this year. Hitachi announced today that it aims to acquire Horizon from joint owners RWE and E.ON for £696 million and take over the ongoing development of Horizon’s plans for
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Horizon Nuclear Power has announced that it has taken a decision not to proceed with developing new nuclear power stations in the UK, including the one planned for Oldbury-on-Severn in South Gloucestershire. Horizon, jointly owned by E.ON UK and RWE npower, says that raising finance for power projects has become difficult due to the global financial crisis. RWE has also
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An announcement by the company behind a new Oldbury nuclear power station to reduce the proposed size of the cooling towers is a ‘step in the right direction’ according to the area’s local councillor. Horizon Nuclear Power – the joint venture company behind plans for a new nuclear power station at Oldbury – has announced that smaller 70m ‘hybrid’ cooling
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A councillor representing Oldbury is setting up a stakeholder group to ensure local residents’ voices are heard if a new nuclear power station is built. The non-political group will comprise of representatives from the Parish Council and local residents with the aim of influencing the energy company E.ON UK’s plans at an early stage, including the issue of the cooling
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E.ON UK is holding a series pf public exhibitions to provide an update on the company’s plans for a potential new nuclear power station at Oldbury-on-Severn. The exhibitions will also provide information about studies that the company anticipates will be included in any future Environmental Impact Assessment (EIA). Attendees will be given a first glance at two indicative layouts of
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