{"id":31386,"date":"2025-06-20T08:54:06","date_gmt":"2025-06-20T08:54:06","guid":{"rendered":"https:\/\/financialrush.com\/?p=31386"},"modified":"2025-06-20T08:54:06","modified_gmt":"2025-06-20T08:54:06","slug":"apollo-to-finance-uk-hinkley-point-nuclear-plant-with-4-5bn-loan","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=31386","title":{"rendered":"Apollo to finance UK Hinkley Point nuclear plant with \u00a34.5bn loan"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>Unlock the Editor\u2019s Digest for free<\/p>\n<p class=\"article__content-sign-up-topic-description o3-type-body-base\"><span>Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.<\/span><\/p>\n<p><iframe class=\"article__content-sign-up-iframe close\" scrolling=\"no\" id=\"signUpIframe\" data-prev-url=\"\/register\/in-article-sign-up?ft-content-uuid=d4e6b540-ae57-434f-9eea-9d96431980e9\"><\/iframe><\/div>\n<div id=\"article-body\">\n<p>US private equity giant Apollo will provide \u00a34.5bn in debt financing to support the UK\u2019s Hinkley Point nuclear project, in a deal that will help ease financial pressures on the flagship development.<\/p>\n<p>The investment grade financing will be provided as unsecured debt at an interest rate just below 7 per cent, people familiar with the matter said.<\/p>\n<p>The funding could be used for other UK projects by French state-owned electricity group EDF, but Hinkley Point is expected to be the primary target for the debt package.<\/p>\n<p>The financing meets a key funding gap for the nuclear project, which has suffered from consistent cost overruns. It was expected to cost \u00a318bn and to be completed in 2025 but the estimated cost has swelled to almost \u00a346bn and its start date pushed back to 2029.<\/p>\n<p><em>This is a developing story<\/em><\/p>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.ft.com\/content\/d4e6b540-ae57-434f-9eea-9d96431980e9\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Unlock the Editor\u2019s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this&hellip;\n","protected":false},"author":5,"featured_media":31387,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":["post-31386","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/31386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31386"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/31386\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/31387"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}