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Engie sold a 40% stake in NuGen to Toshiba for £133m.

Synopsis

Engie, a French multinational utility company, sold a 40% stake in NuGeneration, the UK-based nuclear energy company, to Toshiba, a Japanese multinational conglomerate, for £133m. NuGen’s UK project aims to develop a new generation nuclear power station of up to 3.8GW gross capacity at Moorside, Cumbria, England.

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