The British arm of US nuclear company Holtec International has launched a competition to find a site for a £600m (€702m, $767m) factory in Britain to build small modular reactors, Reuters reported.
According to Reuters, local authorities and businesses will be invited to submit expressions of interest to host the factory, outlining which sites could be available and how ready they would be for work to start on the factory.
Holtec said it expects exports from the factory to be worth £4bn a year to the UK in 2030, adding that 400 highly-skilled jobs could be created in the next three to five years.