So it's a done deal. Hitachi have bought Horizon (see news release) in a deal expected to be concluded by the end of November and will seek to license their reactor design within two years. Their UK partners will include Babcock International and Rolls Royce. Hiroaki Nakanishi president of Hitachi Ltd commented:'Today starts our 100 year commitment to the UK and its vision to achieve a long-term, secure, low-carbon, and affordable energy supply.'
The impact on our local economy will be massive and should ensure a more vibrant economy for decades to come.
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