Beijing’s growing confidence in its plans to help build new reactors at Hinkley in Somerset and Bradwell in Essex has been underlined by the recent incorporation of seven new Chinese nuclear-related firms in London. It appears, however, that an agreement between China and its partner EDF of France to develop the first new reactors in Britain for 20 years has still not been signed. Beijing’s creation of so many new businesses could further alarm those concerned at the degree of complexity surrounding the £18bn Hinkley scheme. Documents from Companies House show the recent listing of General Nuclear System Limited and Bradwell Power Holding Company alongside more opaque entities such as Libra International and Sagittarius International. All seven companies use the same Stratton Street address in Mayfair, west London used by the state-owned China General Nuclear Power Corporation. They also have the same director, Zhu Minhong, the public face of China’s nuclear power business in Britain.
Guardian 3rd April 2016 read more »