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The Wylfa nuclear power station in Anglesey, North Wales. gosport_flyer / Flickr

By Joe Sandler Clarke

A reported public financing deal between the UK and Japanese governments for a new nuclear plant in Anglesey, Wales, could set the UK government up to provide state-support for a raft of nuclear projects hit by financial difficulties.

The FT reported on Tuesday that letters had been exchanged between Tokyo and London expressing support for the Wylfa project—which will be built by the Hitachi-owned consortium Horizon.

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