US EditionU.S. Company Apollo to Provide $6 Billion Loan for British Nuclear Power Project
- On June 20, 2025, Apollo Global Management, a U.S.-based investment firm, announced it will extend a $6 billion loan to help finance the Hinkley Point C nuclear power project in the United Kingdom.
- The loan follows China General Nuclear Power Group halting its funding in 2023, creating a financing shortfall amid project delays and rising costs.
- Hinkley Point C, owned by Electricite de France, began construction in 2017 but has faced multiple delays and budget increases to over £40 billion.
- Apollo's investment-grade debt financing package will feature an interest rate below 7%, and Jamshid Ehsani described the transaction as the most significant private credit deal ever conducted in sterling.
- The loan aims to plug the funding gap, enabling Hinkley Point C's first reactor to begin operations by 2029 and supporting the UK government's nuclear expansion plans.
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Apollo Reaches £4.5 Billion Bond Deal for EDF’s UK Nuclear Plant
Apollo Global Management Inc. agreed to help Electricite de France SA raise as much as £4.5 billion ($6.1 billion) in private bond placements to fund the construction of the Hinkley Point C nuclear power plant and other investments in the UK.
·United States
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U.S. company to provide $6 billion loan for British nuclear power project
Apollo, a U.S. asset management group, plans to provide a $6 billion loan to the British nuclear project Hinkley Point C being built by a French multinational electric utility company.
·Washington, United States
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- 64% of the sources are Center
64% Center
L 29%
C 64%
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