Apollo provides £4.5 billion loan to UK nuclear project


The crane revolves around one of two reactors built in Hinkley Point C in Bridgewater, England on September 27, 2024.

Anna Barclays | Getty Images News | Getty Images

US asset management giant Apollo will provide £4.5 billion ($6 billion) in loans to cover the shortage facing the UK nuclear project Hinkley Point.

The transaction is first Financial Times On Friday, due to the sensitivity of the matter, and by two sources who spoke with CNBC, spoke with CNBC.

Apollo and Hinkey Point majority owners EDF declined to comment.

The deal will be one of the largest private capital investments in the UK’s national interest project.

This is a shocking news story that will be updated soon.

– Lily Meckel of CNBC contributed the report.



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