Financial Close Achieved for Sizewell C
Image credit: Sizewell C
Sizewell C becomes first privately-financed new nuclear project globally to reach Financial Close, delivering major boost to UK economy and energy security.
Today marks an historic milestone as Sizewell C becomes the first new nuclear project globally to be financed with independent, private financial investors, to reach Financial Close.
This mega-project will provide a significant boost to the British economy, supporting thousands of high skilled jobs across the UK supply chain, as well as a significant number of apprenticeships – including here at Agilia Infrastructure Partners.
Amar Qureshi and Mike Pugsley, Joint CEOs and co-founders of Agilia said:
"Sizewell C financial close shows what we can achieve as an infrastructure community when we have the vision, ambition and drive to get things done. We've been involved in supporting the Sizewell C team since 2018 and have seen first-hand the many challenges Sizewell, HMG, EDF and the other investors (La Caisse, Centrica, and Amber Infrastructure) have worked together to overcome.
"Across the country, we continue to face challenges to get the infrastructure that our country needs and deserves, up and running. We are confident that with the same vision as the SZC team - in its broadest sense - has brought to reality, a vision which our clients across other infrastructure projects share, we can achieve what needs to be done."
Christopher Wright, Managing Director at Agilia and Energy Sector Lead, added:
"Having supported the exceptional Sizewell C team through this complex journey, reaching Financial Close is an extraordinary achievement that unlocks the full potential of this vital project. Sizewell C will provide a significant number of high quality UK jobs in construction and once operational it will provide home-grown, reliable power that will reduce costs for consumers whilst significantly strengthening our energy independence. This is exactly the kind of transformational infrastructure project that Britain needs, and we're proud to be supporting them in making it a reality."
Agilia Infrastructure Partners is delighted to be continuing to support Sizewell C as the project enters its delivery phase and full-scale construction begins. Today's announcement unlocks a future for the UK which is both more prosperous and more energy secure.
See Sizewell C’s press release for further information here: Sizewell C | Financial Close