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Hitachi Ltd. has gained access to a U.K. loan guarantee to build two nuclear reactors in Wales as the British government promotes a new generation of atomic power projects.

Horizon Nuclear Power, Tokyo-based Hitachi’s U.K. atomic unit, plans reactors at Wylfa in North Wales totaling at least 2,700 megawatts, sufficient to supply about 3 million homes, it said Wednesday in a statement.

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