The Board fully supports the development of a new nuclear power station at Wylfa on Anglesey and the economic benefits this will deliver for the entire region.
We are committed to building on the close working relationships already established with the UK and Welsh Governments, the private sector and Horizon Nuclear Power, and together are exploring next steps and the best way forward.
The Board would like to make it clear the decision to suspend work on Wylfa Newydd will in no way impact on any projects in the North Wales Growth Deal. Those projects stand alone with approved business cases and will be crucial to the further economic prosperity of the area.
We will now enter into further discussions with the UK and Welsh Governments to look at additional support and funding opportunities in light of this decision.