US startup Last Energy plans to build a £300m (€359m, $391m) micro nuclear project in Wales to supply local industrial customers, the company said on Tuesday.
Last Energy UK, a subsidiary of Washington-based Last Energy, said it would not require any public funding for the project on a former coal plant site in Bridgend, south Wales, which could be generating power in 2027.
The company said it was in commercial discussions with a range of local industrial customers and that power purchase agreements were expected to underpin the finances of the project.
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