UK Parliament / Open data

Nuclear Energy (Financing) Bill

Proceeding contribution from Greg Hands (Conservative) in the House of Commons on Wednesday, 3 November 2021. It occurred during Debate on bills on Nuclear Energy (Financing) Bill.

I will make a little more progress.

RAB is a tried and tested method that has successfully financed other large UK infrastructure projects. The introduction of a special administration regime will prioritise the plant’s opening and continuing to operate in the unlikely event of a project company’s insolvency. That will protect consumers’ investment in the plant and ensure that they realise the plant’s benefit. Members should know that this legislation is not specific to one project, as I have already said, and could be applied to nuclear projects across Great Britain.

Type
Proceeding contribution
Reference
702 c979 
Session
2021-22
Chamber / Committee
House of Commons chamber
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