EDF 'facing financial meltdown' at Hinkley Point

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A project by French energy giant EDF to build two European Pressurised Reactors (EPRs) at the Hinkley Point nuclear power plant in south-west Britain has mobilised large numbers of its staff and management against the move. They believe that the huge industrial and financial risks for EDF may result in a meltdown of the group. Martine Orange reports.

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On October 21st last year, during Chinese President Xi Jinping’s official visit to Britain, it was announced that the China General Nuclear Power Corporation was taking a 33.5% stake in the project led by French utilities giant EDF to build two new reactors at the Hinkley Point nuclear energy plant in south-west England.