Thousands of jobs could be created after Oldbury nuclear reactor deal
Japanese company Hitachi is buying a nuclear project which will build a new reactor in South Gloucestershire.
Japan's largest industrial electronics maker has signed a £700 million deal to buy the UK's nuclear project Horizon, which will build new reactors at Wylfa, Angelsey, and Oldbury, South Gloucestershire, is being sold by German-owned E.ON and RWE.
Hitachi said in a statement that it anticipates the creation of between 5,000 and 6,000 direct jobs at each site during the construction phase, with a further 1,000 permanent jobs per site upon start of the operation of each site.
It is understood that Babcock International and Rolls-Royce have signed preliminary contracts to join the Hitachi plan.
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