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Russia May Build Nuclear Stations in U.K., Kommersant Reports

Rosatom Corp., Russia’s state-run nuclear holding, may buy a stake in the $24 billion Horizon project to build atomic power stations in the U.K., Kommersant reported, citing an unidentified company official.

RWE AG (RWE) and EON AG (EOAN), Germany’s biggest utilities, said March 29 that they won’t build reactors in the U.K. through their Horizon Nuclear Power venture, threatening government plans to wean the country off fossil fuels.

To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net

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