Horizon/Hitachi deal completed

Japanese electronic giant Hitachi confirms it has completed its purchase of Horizon Nuclear Power, which operates Anglesey's Wylfa Power Station.

The initial announcement was made at the end of October.

As part of the deal, the companies will make "a multi-billion pound investment" in training engineers and staff for a new nuclear power station on the island.

Horizon says 6,000 construction jobs will be created, with 1,000 people employed when the new plant is completed.

We’re delighted that the deal has completed. It secures the future of Horizon and represents a real economic opportunity for North Wales. Our project

will be a multibillion pound investment, creating around 6,000 construction jobs at peak, and 1000 operational jobs when completed.

In the meantime, I’m delighted to confirm a third year of funding for the cohort of apprentices going through the Coleg Menai scheme.

– Alan Raymant, Horizon Nuclear Power

Horizon was created in 2009, as a joint venture between E.ON UK and RWE npower.

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New Wylfa plant?

Japanese electronics giant Hitachi completes its purchase of nuclear power project Horizon, which could lead to the construction of a new plant on Anglesey.