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Hitachi and SNC-Lavalin pursue the nuclear option Add to ...

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The Germans have quit, the Chinese said no thank you and the French are quibbling over the price, but a Japanese and Canadian consortium said they will do it, come what may. Hitachi and SNC-Lavalin are taking over Horizon, a project to build two nuclear power stations in Britain. The Japanese company, which is in joint venture with the Montreal engineering contractor, said today it would pay £700-million ($1.125-billion) to EON and RWE, the German utilities which set up Horizon three years ago. If you believe the promises, Hitachi and SNC-Lavalin will build two nukes, one in Anglesey in Wales and another in Gloucestershire.

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