Rolls-Royce Seeks U.K. Funds for Nuclear Power Project, FT Says
- Engineering firm seeking ‘low hundreds of millions’ of pounds
- U.K. rethinking nuclear plans after Hitachi, Toshiba withdraw
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Rolls-Royce Holdings Plc and its partners are asking the U.K. government for more than 200 million pounds ($264 million) in funding to develop a business that will build small nuclear reactors, according to a report in the Financial Times.
The company is seeking a sum “in the low hundreds of millions,” the FT said on Sunday, citing a person familiar with the request.