I am writing to inform you that, following a strategic review separately undertaken by our shareholders RWE npower and E.ON, they have taken the decision not to proceed with developing new nuclear generation in the UK.
Please find attached a statement from Horizon providing further information, along with press releases from both E.ON UK and RWE npower.
Clearly this is a significant development and one which will create some uncertainty. However, Horizon has created strong options for development at Wylfa and Oldbury and we will work with our shareholders as they investigate opportunities for new ownership. It is our intention to provide clarity on the next steps for Horizon as quickly as possible.
We will make available further information as soon as it is possible to do so.
Kind regards
Alan Raymant
Chief Operating Officer
Horizon Nuclear Power
Please find attached a statement from Horizon providing further information, along with press releases from both E.ON UK and RWE npower.
Clearly this is a significant development and one which will create some uncertainty. However, Horizon has created strong options for development at Wylfa and Oldbury and we will work with our shareholders as they investigate opportunities for new ownership. It is our intention to provide clarity on the next steps for Horizon as quickly as possible.
We will make available further information as soon as it is possible to do so.
Kind regards
Alan Raymant
Chief Operating Officer
Horizon Nuclear Power
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