EDF’s board voted July 28 to push forward with the $24 billion, 3.2-GW project. Hours later, Britain’s new prime minister, Theresa May, delayed the project until the government had more time to review the contract and said it would make a decision in early autumn.
EDF CEO Jean-Bernard Lévy claimed he was caught off-guard by May’s decision, but Reuters reports he was informed on July 21 about the decision to delay and again on July 27 before the board meeting. In emails allegedly sent to Reuters, Lévy said the French government on July 21 had “warned us that in light of her very recent arrival, the new British prime minister has asked for ‘a few days’ before deciding on the project.”
EDF then had to cancel a contract signing ceremony planned for July 29 with UK officials and China, according to DigitalLook. China General Nuclear bought a 33 percent stake in the Hinkley Point C project.
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