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French economy minister has not decided on Hinkley Point - union

Published 14/04/2016, 13:23
© Reuters. File picture of a tractor mowing a field on the site where EDF Energy's Hinkley Point C nuclear power station will be constructed in Bridgwater, southwest England
EDF
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PARIS (Reuters) - French Economy Minister Emmanuel Macron told unions at state-owned utility EDF (PA:EDF) on Thursday that he has not yet decided whether to go ahead with the Hinkley Point nuclear plant in Britain.

"The minister has told us that he has not yet made his decision," CGT union official Marie-Claire Cailletaud said after Macron met a delegation of EDF unions.

Macron, who is set to meet EDF's unions again within 10 days, assured them that a decision would not be taken lightly, she said.

Macron told parliament last month that a final investment decision on the 18 billion pound UK project would be taken by early May.

He said at the time that EDF should not delay the investment decision on building two nuclear reactors in Britain as it could risk losing the contract.

The project was announced in October 2013 but a final investment decision has been delayed as EDF has struggled to find partners and financing.

Chinese utility CGN signed up for a one-third stake last October, leaving EDF to fund the rest.

© Reuters. File picture of a tractor mowing a field on the site where EDF Energy's Hinkley Point C nuclear power station will be constructed in Bridgwater, southwest England

A spokeswoman for Macron was not available for immediate comment.

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