Posted on: 13/09/2016
Keith Anderson, ScottishPower's Chief Corporate Officer, has called for the UK Government’s subsidy deal for the Hinkley Point C nuclear power station to be renegotiated.
The head of the “big six” firm said the deal was too expensive.
In an interview with the Daily Telegraph newspaper, Anderson said: “It looks like a contract that was written five years ago on a business case that was probably pulled together 10 years ago.
“It looks out of line with what’s going on in the market now.”
Follows SSE comments
He praised Prime Minister Theresa May for reviewing the deal.
“I can’t understand why anybody feels we need to sign a contract of that size and over that time period, at that price,” he added.
Anderson’s comments come just weeks after SSE Chief Executive Alistair Phillips-Davies said that Hinkley wasn’t needed.
> Read the interview in the Daily Telegraph newspaper