Joan Walley – 2014 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Joan Walley on 2014-06-16.

To ask Mr Chancellor of the Exchequer, when he expects to complete the loan guarantee arrangement for the proposed nuclear power station investments.

Nicky Morgan

Completion of the loan guarantee arrangements for the proposed nuclear power station for Hinkley Point C will coincide with the European Commission’s closing decision on the government’s state aid notification in relation to the project. This is expected by the end of 2014.

If a guarantee is signed it will be reported to Parliament as required by the legislation, Infrastructure (Financial Assistance) Act 2012, underpinning the scheme.