Radioactiveliabilities

Oil

uk01-gif
“You only have one crack at state aid,” says Matthew Williams, special counsel at Cadwalader, Wickersham & Taft, lead legal adviser for the British Energy creditors. His comment highlights the importance for the stricken nuclear generator to show its business is viable going forward.

At issue is the UK government's underwriting of the huge decommissioning liabilities of the British Energy fleet of plants. These liabilities - estimated at around £4 billion ($6.8 billion) - would sink th

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: