Sizewell C names ex-Heathrow chief as new chair

Why it matters: The appointment comes at a crucial time, as Sizewell C prepares to bring in private investors and double its workforce to 2,000 people this year.

The details: Holland-Kaye, who joined as a non-executive director on 1 February, will become non-executive chair on 1 March, bringing significant experience in delivering major infrastructure projects, including Heathrow's Terminal 2, which was completed on time and on budget.

What they're saying: "We need nuclear power if we want a low carbon future, so I'm delighted to join Sizewell C, which will be at the heart of the energy transition," Holland-Kaye said.

"The project is uniquely well set up for success and can be a model for how we bring the private and public sectors together to deliver big infrastructure."

By the numbers:

• The nuclear power station will provide zero carbon power to around six million homes
• It will save nine million tonnes of carbon dioxide from entering the atmosphere annually
• The project will create 1,500 apprenticeships
• Over 70% of construction value will go to British suppliers

What's next: An equity and debt-raising process is currently underway and is due to conclude in the spring, with a Final Investment Decision expected in the upcoming Spending Review.

The bottom line: Holland-Kaye replaces Rob Holden, who is stepping down due to health reasons, as the government-owned project moves towards securing private investment.