In a major advancement for its construction plans, Sizewell C has secured a lease at Orwell Logistics Park (OLP) in Ipswich. This significant step supports the supply chain requirements crucial for the new nuclear power station in Suffolk. The proposed Sizewell C nuclear power station, which obtained its Nuclear Site Licence earlier this year, is making steady progress. Leasing the 1.08 million square foot site at OLP marks an essential development as the project approaches a Financial Investment Decision expected later this year.
This lease agreement highlights the strategic importance of OLP in meeting the logistical and supply chain needs of Sizewell C. The extensive space at the site will facilitate efficient management and storage of materials, ensuring the smooth progression of the power station’s construction. A team of real estate sector experts advised on the transaction, ensuring a successful negotiation and lease process.
This development underscores the ongoing efforts to enhance infrastructure and energy projects through strategic property acquisitions, ultimately contributing to regional economic growth and energy security.
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