announces £1.3bn worth of contracts for Hinkley Point C
The companies set to be involved in building a new nuclear
power plant near Burnham-On-Sea have been named.
French group EDF has chosen a number of national and local Somerset
companies as preferred bidders for contracts worth £1.3bn
to build Hinkley Point C.
Firms include Balfour Beatty and Laing O'Rourke and local companies
such as food producers Somerset Larder.
A final investment decision is expected in the coming months,
after which the contracts will be signed.
The power station, which is expected to be generating electricity
in 2023, will cost around £14bn to build and provide 25,000
jobs during the construction phase.
More than 60% of the construction cost, it is now estimated,
will be placed with UK firms, which is 3% more than an initial
Among the preferred bidders announced were Balfour Beatty Bailey
for electrical cabling and equipment installation, Cavendish Boccard
Nuclear for pipework and equipment installation and ACTAN for
heating, ventilation and air conditioning.
The joint ventures from the South West, with combined contract
values of more than £225m, included food producers Somerset
Larder, bus organisation Somerset Passenger Solutions, and Somerset
Murphy, CEO of Somerset Chamber of Commerce, said: "I am
delighted with the news from EDF Energy today that preferred bidder
status has been awarded to a number of Somerset businesses.
Somerset Chamber of Commerce has been working tirelessly over
the past 3 years with EDF Energy, local businesses and consortiums
made up of local companies, to achieve this position. Todays
news represents a significant boost for the Somerset economy.
Owen, Hinkley Point C Commercial Director, said: Working
with the Somerset Chamber of Commerce, our innovative business
approach has led to the involvement of local companies close to
the construction site.
has been really impressive to see the way that Somerset and South
West companies have joined together to rise to the challenge.
The innovative supplier alliances created will enable them to
match the standards of safety, quality, value and scale required
on such an important project.
Deputy Leader of Somerset County Council, David Hall, has welcomed
the announcement from EDF, saying: "The news from EDF Energy
is a terrific boost for the local economy and is very positive
news for the county and country as a whole."
EDF Energy has reached its final agreement with its investment
partners, our communities will be set to benefit hugely from the
creation of jobs and millions of pounds worth of investment in
announcement is extremely positive and should also give many other
local businesses the encouragement and confidence they need to
become involved in the supply chain. Thousands of businesses have
signed up and any business wishing to find out more or register
on the supply chain portal."
Earlier this month a lawsuit against the Hinkley site was filed
by green power suppliers.