Toshiba, Engie UK nuclear group says wants clarity on government special stake proposal

September 15, 2016 7:43 AM EDT

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LONDON (Reuters) - A British nuclear joint venture between Japan's Toshiba <6502.T> and France's Engie , NuGen, said it will work with the government to understand its proposal to hold a special share in future nuclear projects.

"NuGen will continue to work with the government to understand more about the proposal to 'take a special share in all future nuclear new build projects' and how this might affect NuGen's Moorside project," the company said in a statement.

NuGen plans to build a 3.8 gigawatt nuclear power station in northwest England. The station is expected to start operating in around 2024.

(Reporting by Karolin Schaps; editing by Jason Neely)



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