Apollo Global Management to Provide Up to £5 Billion in Financing for EDF's Hinkley Point C Nuclear Power Plant

Apollo Global Management is in talks with Electricite de France to provide up to £5 billion in financing for the Hinkley Point C nuclear power plant in the UK. The deal would give EDF access to private capital and reduce its reliance on the corporate debt market. Discussions are ongoing, and the funding would provide EDF with some breathing space amid soaring construction costs.

London, June 19, 2025 — Apollo Global Management is in advanced talks with Electricité de France (EDF) to provide up to £5 billion in financing for the Hinkley Point C nuclear power plant in the UK. The proposed deal aims to give EDF access to private capital, potentially reducing its reliance on the corporate debt market. The discussions are ongoing, and the funding would provide EDF with much-needed financial breathing space amid escalating construction costs.

The deal, if finalized, would be significant for both companies. For EDF, it would represent a strategic move to diversify its funding sources and mitigate risks associated with high debt levels. Apollo Global Management, on the other hand, would gain exposure to a major infrastructure project in the UK's energy sector.

Hinkley Point C is a crucial project for the UK's energy security and sustainability goals. The plant is currently under construction and is expected to generate significant amounts of low-carbon electricity. The project has faced scrutiny over its funding and cost estimates, with the total final cost estimated to reach £40 billion by some sources [1].

EDF's minority ownership in Sizewell C, another significant UK nuclear project, has been a point of contention. The French public auditor Cour des comptes recommended that EDF scale back its involvement in UK nuclear projects to reduce financial exposure [2]. The proposed financing from Apollo Global Management could help EDF meet these recommendations.

The deal is subject to regulatory approval and further negotiations. Both companies have expressed their commitment to the project's success, with EDF emphasizing the strategic importance of Hinkley Point C to its long-term plans. Apollo Global Management has not yet disclosed the terms of the potential agreement.

References:
[1] https://www.newcivilengineer.com/latest/government-holds-no-record-of-taxpayer-funding-arrangements-for-uks-historic-nuclear-stations-17-06-2025/
[2] https://www.newcivilengineer.com/latest/government-holds-no-record-of-taxpayer-funding-arrangements-for-uks-historic-nuclear-stations-17-06-2025/