Financial Times FT.com

British Energy deal with EDF in the balance

By Andrew Bolger and Ed Crooks

Published: July 18 2008 03:00 | Last updated: July 18 2008 03:00

British Energy, the nuclear generator, said talks were continuing about its future, as speculation grew that negotiations with EDF about a possible bid could drag on over the summer.

In a signal that it has alternative options for investing in the planned renaissance of nuclear power in Britain, EDF is starting work on land it has bought near British Energy's Hinkley Point site, to assess its suitability for building a new reactor.

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