Toshiba has become the latest Japanese company to enter the race to build new nuclear plants in the UK, following Hitachi.
On 15 January, it announced it will buy a 60% stake in the NuGen consortium, which intends to build a 3.4-gigawatt peak capacity nuclear plant north of Sellafield in Cumbria.
The project will use three of Westinghouse’s AP-1000 reactors. Westinghouse is a Toshiba subsidiary.
The French energy giant GDF Suez will hold the remaining 40% stake.