Hitachi has warned it could walk away from Wylfa Newydd scheme unless it receives viable subsidy from UK Government. The Japanese firm behind Wylfa Newydd warned they could walk away from the £14bn nuclear project unless a viable funding deal could be found. Hiroaki Nakanishi, chairman of Hitachi, whose subsidiary Horizon is behind the Anglesey project, was talking following the setback by French conglomerate EDF for its planned nuclear power plant at Hinkley Point in Somerset. Horizon is still is discussions with the Department and Climate Change on a strike price for Wylfa Newydd, which is tipped to create more than 6,000 jobs if construction does get underway later this decade.
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