UAE's Emirates Nuclear Energy Company considers investing in Europe's nuclear energy sector, including UK's Sizewell C project.
The United Arab Emirates (UAE) is exploring investments in Europe's nuclear energy sector, with state-owned Emirates Nuclear Energy Company (ENEC) considering becoming a minority investor in European nuclear power assets. The move aims to diversify the oil-rich nation's economy away from fossil fuels and support projects like the UK's Sizewell C nuclear project. The UAE and Britain have previously signed a memorandum of understanding on civil nuclear cooperation.
March 29, 2024
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