Hitachi sunsets Horizon
Hitachi Ltd. plans to close Horizon Nuclear Power, its U.K. nuclear development subsidiary, early this spring, according to weekend news reports. Horizon is the firm behind Wylfa Newydd, the proposed nuclear new-build project in Wales.
On January 10, citing a story that appeared earlier that day in The Times, Yahoo reported that Hitachi will close Horizon by March 31—a move, Yahoo said, that “could scupper a sale of the [Wylfa Newydd] site, which has attracted interest from bidders, including a U.S. consortium of Bechtel, Southern Company, and Westinghouse, and dent [the] U.K.’s clean energy goals.”
However, a January 11 item on a Welsh online news service stated, “It is understood that if a sale of the site is not secured before Horizon shuts, the sale process will be continued by Hitachi.”
