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Westinghouse and Hitachi bid for Horizon Nuclear Power

05 October 2012

According to Reuters, both Westinghouse and Hitachi submitted bids for Horizon Nuclear Power by the September 28 cut-off date. Horizon owns nuclear sites at Oldbury in Gloucestershire and Wylfa on Anglesey in Wales, where it plans to build 6 gigawatts of nuclear capacity.

The existing nuclear power station at Wylfa on Anglesey
The existing nuclear power station at Wylfa on Anglesey

Quoting an industry source with direct knowledge of the deal, Reuters said the Westinghouse bid is associated with China’s State Nuclear Power Technology Corp (SNPTC), while Hitachi is partnered with Canadian construction company SNC-Lavalin. Neither company was willing to directly confirm their bids.

Horizon was put up for sale by German owners E.ON and RWE in March, after the German government's decision to pull out of nuclear power made investment in the UK’s nuclear programme uneconomic.

A source confirmed Hitachi’s involvement to the nuclear industry website i-Nuclear on October 4. “Hitachi has submitted a bid to lead an international consortium made up of leading companies from Japan, North America and UK companies, with whom it is already in discussions,” the source was quoted as saying.

Two other companies said originally to be interested in Horizon, Areva of France and Rosatom of Russia, both confirmed they did not submit bids.

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