The Welsh government has approached Japan’s Hitachi Ltd. about keeping alive the Horizon nuclear power project in Anglesey that the latter is scrapping.
It plans to assume a caretaker role until a developer can be found.
Hitachi's UK unit Horizon Nuclear Power failed to find private investors or secure sufficient government support for the stalled Wylfa project in Anglesey.
In September, Hitachi' announced it was scrapping plans to build the nuclear power plant.
A Hitachi spokeswoman said the company is in the midst of negotiations with the relevant governments.
Hitachi booked a $2.9 billion write-down in 2019 due to the suspension of the 3 trillion yen project.


Gold Prices Dip Ahead of Fed Decision Amid Rising Middle East Tensions
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth
Asian Markets Mixed as Fed Decision, Iran Tensions, and Inflation Data Weigh on Sentiment
Australia Inflation Surges in March as Fuel Prices Spike Amid Middle East Conflict
Dollar Strengthens as US-Iran Tensions and Central Bank Decisions Drive Currency Markets
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement
Gold Prices Drop Amid Iran War Concerns, Rising Oil Costs, and Hawkish Central Bank Signals
Trump Signals Prolonged Blockade Strategy Against Iran Amid Rising Tensions
China Manufacturing PMI Beats Forecasts in April Amid Weak Domestic Demand
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results
Standard Chartered Q1 Profit Hits Record on Wealth and Investment Banking Growth
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings
Trump Urges Iran to Sign Nuclear Deal Amid Ongoing Conflict and Port Blockade
Trump-Iran Conflict Escalates as Nuclear Talks Stall and Oil Prices Surge
Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth
European Stocks Slip as U.S.-Iran Tensions and Earnings Season Weigh on Markets 



