Hitachi completes acquisition of Horizon Nuclear Power

Hitachi has completed the acquisition of Horizon Nuclear Power from RWE npower and E.ON and now owns two sites at Wylfa, Anglesey, and Oldbury, south Gloucestershire. Horizon plans to build two to three c1,300W nuclear power plants at each of the sites.

Discussions will now be begun between Hitachi and UK regulators to obtain approval to use Advanced Boiling  Water Reactor (ABWR) technology under the UK’s Generic Design Assessment process.

ABWR technology is said to the only advanced nuclear technology (Generation III) in operation in the world and is licensed for use in several countries, including the US.