TOKYO -- Hitachi continues to search for ways to share the burdens of building a British nuclear power plant and now is sounding out the Development Bank of Japan and several Japanese power companies about taking stakes in the project, a high hurdle as many are still struggling with the heavy financial fallout from the 2011 meltdown at Fukushima.
The cost projection for the project on the Welsh island of Anglesey has ballooned to 3 trillion yen ($27.1 billion). To keep it commercially viable, the British government pledged on June 4 to arrange the entire 2 trillion yen in necessary loans, twice its original offer.
