SIZEWELL C views the nuclear plant that the government becomes the main fund of £ 38b project

Mary Issimedar

BBC News, Safok

Sizewell CA computer-related image that can look like C-nuclear power station of size is shown with two people. — Government has said

The government has announced that it will become the main shareholder in the new size nuclear plant.

It has confirmed that taxpayers have taken 44.9% stake in the project, which will also be funded by four other companies; EDF, Centrica, La Caisse and Amber Infrastructure.

Downing Street had already invested £ 14.2BN to construct a new size C nuclear plant on the Safok coast, next to the spending review.

The cost of the project revealed on Tuesday is now £ 38BN – the final official figure was for £ 20BN.

Pressure Group Stop Sizewell C Director Alison Downs said: “This very delayed final investment decision creeps only on the line for the guarantee that public purses will take Can for unavoidable cost, not private investors.”

Sizewell c are supposed to Treasury stated that 10,000 direct jobs, thousands of people supplying the plant, thousands of people and six million houses generate enough energy to provide electricity.

Energy Secretary Ed Milliband said: “These are the time to do big things and re -construct big projects in this country and today we announce an investment that will provide clean, domestic power in millions of homes for generations to come.

“This government is investing necessary to distribute a new golden age of atoms, so we can eliminate delays and free us from the ravines of global fossil fuel markets to bring the bill down for good.”

Stop Sizewell CK Ellison Downs said that taxpayers can “can can”

Martin Giles/BBC Stop Sizewell C Director Alison Downs out in Safok. His shoulder length is golden hair. — Stop Sizewell CK Ellison Downs said that taxpayers can “can can”

La Cassay will have a 20% stake in the ownership of the plant, 15% in centric and amber infrastructure will be the initial 7.6%.

It comes with French energy giant EDF with a 12.5 % stake in the project, earlier this month, as well as France’s export credit agency, BPIFRINCE Essuance Essuance Essurance Exept, the company’s commercial bank loans proposed to refund the £ 5BN loan guarantee.

Julia Pike, Joint Managing Director of Sizewell C, said: “By investing in Sizewell C, they [the government] Foundations are laid for more secure, cleaner and more affordable energy system.

“Because 70% of our construction expenses will be in the UK, with £ 4.4bn commitment in the east of England, they will also help create thousands of great jobs and new opportunities for people and businesses above the country.”