The Financial Times report, citing people familiar with the plans, said the government is exploring how CGN may be excluded from all future power projects in the UK.
A change in policy could have severe ramifications for the Sizewell C project in Suffolk, which France’s state-owned power company EDF is scheduled to build with backing from CGN. CGN is also involved with proposals for a successor to the decommissioned Bradwell nuclear power station in Essex.
The UK government has taken a firmer stance against Chinese companies’ involvement with British infrastructure projects and strategically important industries. Last year, the government performed a U-turn by announcing that Shenzhen-based Huawei would be completely excluded from British 5G networks by the end of 2027, having previously permitted the company a peripheral role in the 5G rollout.
The department for business, energy and industrial strategy has not commented directly on the Financial T...