Access to the regulated asset base (RAB) financing model may have helped to save Hitachi’s plans to build a new nuclear plant in north Wales, an executive who worked on the project has told MPs. Last year, the Hitachi-backed Horizon consortium announced it had withdrawn from the Wylfa Newydd project after ploughing more than £2 billion into its development.
RAB model may have saved Wylfa Newydd nuclear project
