The US Private Capital Giants Apollo supply of £ 4.5 billion in the UK’s nuclear project

Management of US assets Giant Apollo is preparing to give a loan to 4.5 billion ($ 6 billion) to close a short barrier to the Hinkley point in the British Nuclear Project.

Deal was first informed Financial times Due to the sensitivity of the issue on Friday and the issue, two sources talking to CNBC are supported in an anonymity.

The construction of the Hinkley Point C plant, the first nuclear power plant to be built in Britain decades has been delayed several times and is swollen in the budget.

Apollo said a source of investment grade for the project, an unsecured debt financing package below 7%.

The apollo and the hinkley point refused to comment on the majority owner EDF.

The deal would be among the largest investments in a project of the British national interest.

One source was the opportunity to agree to CNBC in the APOLLO within a few weeks and was “negotiations with EDF”.

This is a broken news story and will be updated shortly.

– CNBC’s Lily Meckel, helped to report.