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Wylfa Newydd Developers behind Anglesey’s Wylfa Newydd have officially pulled the plug by withdrawing their planning application for the £16bn project. Despite the promise of hundreds of well-paid jobs in an area decimated by economic blows over recent years – but also opposed by anti-nuclear groups – a failure to reach a funding agreement with the UK Government saw work ‘paused’ on the long awaited project in January 2019. Ongoing troubles saw Hitachi announce last September that it was pulling out completely, initially leaving its Horizon Nuclear Power subsidiary to try to secure new investors for the site near Cemaes. But, with Horizon set to be wound up by the end of March 2021 and despite an expectation that the UK Government would announce a decision over the long delayed planning application by April 30, the company today informed the Planning Inspectorate that it was formally withdrawing its Development Consent Order (DCO) bid.
Planning application for Anglesey nuclear project withdrawn as developer pulls plug
Hitachi withdrew from the £16bn project after failing to reach a funding deal with UK Government
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Developers behind Anglesey’s Wylfa Newydd have withdrawn their planning application for the £16bn project.