Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department has set a maximum figure above which the Government will not provide (a) finance and (b) guarantees for the Wylfa nuclear power project.

As announced in Parliament on 4 June 2018, Hitachi and the UK Government have decided to enter into negotiations in relation to the proposed Wylfa Newydd project and the Government is considering direct investment into the project. Details of any Government investment are subject to negotiation and yet to be decided.

The successful conclusion of these negotiations will be subject to full Government, regulatory and other approvals—including, but not limited to, value for money, due diligence and state aid requirements. These negotiations are commercially sensitive and no final decision has yet been taken to proceed with the project.