PARIS, July 21 (Reuters) - Canadian investment fund La
Caisse will join up with Britain's Amber Infrastructure to
become the largest private investors in Britain's Sizewell C
nuclear project, French newspaper Les Echos reported on Monday.
The business newspaper said that final decisions on the
investment would be made on Tuesday if all went well, citing
unnamed sources.
The pair of private investors would provide 25-30% of the
capital for the project, the cost of which has ballooned since
initial announcements, Les Echos reported.
Britain's government has committed 17.8 billion pounds to
the project but has continued to search for investors.
Reuters previously reported that U.S.-listed investment fund
Brookfield would take a stake of more than 20% in the project in
exchange for funds to finance the plant's development and that
British utility Centrica could also play a role.
French nuclear energy utility EDF is set to invest around
1.1 billion pounds ($1.48 billion), taking a 12.5% stake in the
project.
Amber Infrastructure and Brookfield did not immediately
respond to requests for comment. La Caisse, EDF and the UK
government declined to comment.
Britain is vying to build new nuclear plants to increase
energy security and to reach climate targets. Southeast
England's Sizewell C plant is expected to produce electricity to
power 6 million homes when operational.
($1 = 0.7419 pounds)