Horizon Nuclear Power announces Board of Directors appointments

Horizon Nuclear Power has announced three new appointments to its Board of Directors.

Dr Timothy Stone CBE, Expert Non-Executive Member for the Board of the European Investment Bank and Non-Executive Director for the Anglian Water Group; Mr Masahide Tanigaki, Senior Advisor for Hitachi Ltd., Chairman of the Board for Hitachi-GE Nuclear Energy Ltd; and Mr Katsumi Nagasawa, Vice President and Executive Officer for Hitachi Ltd. and President and CEO of Power Systems Company, have joined the Board as Non-Executive Directors of Horizon Nuclear Power.

The three new appointees join Chairman of the Board, Mr Masaharu Hanyu, Chief Executive of Hitachi’s Nuclear Power Systems Business in Europe; Sir Stephen Gomersall, Deputy Chairman of Hitachi Europe Ltd.; Mr Duncan Hawthorne, President and Chief Executive Officer of Bruce Power and Mr Sanghoon Lee, General Manager, Finance, Nuclear Power Group, Hitachi Europe Ltd. on the Board of Directors. Mr Nagasawa replaces Mr Tatsuro Ishizuka, Representative Executive Officer, Executive Vice President and Executive Officer, President & CEO, Power Systems Group and Infrastructure Systems Group, Hitachi, Ltd.

Mr Masaharu Hanyu, Chairman of the Horizon Board said: “To have three such senior figures join the Board is extremely positive for Horizon and I look forward to working with them on this crucial project. They will bring a combined wealth of expertise and experience from the UK and Japanese nuclear sectors and will provide essential support and guidance to the company as it continues to grow and move forward.”

The appointments come as Horizon is undertaking a 10-week period of public consultation on its new build plans at its lead site, Wylfa Newydd. The consultation is the first major step in the planning process for the development and will cover all aspects of Horizon’s proposals, taking in everything from construction, to transport, to how the proposals might affect the Welsh language and the economy of the region: www.horizonnuclearpower.com/consultation

Notes to Editors

  • Horizon Nuclear Power was formed in 2009 to develop new nuclear power stations in the UK. It was acquired by Hitachi Ltd of Japan in November 2012. The company is developing plans to build at least 5,400MW of new nuclear power generation plant at Wylfa on the Isle of Anglesey and Oldbury-on-Severn in South Gloucestershire.
  • Dr Timothy Stone CBE is an Expert Non-Executive member of the Board of the European Investment Bank and is a Non-Executive Director of the Anglian Water Group. He advises a number of foreign governments as well as global nuclear businesses on their developing nuclear programs. Until March 2013 he was the Expert Chair of the Office for Nuclear Development in DECC and the Senior Advisor to the Secretary of State for Energy & Climate Change.
  • Masahide Tanigaki has been with Hitachi Ltd. since 1975 and is Senior Advisor for Hitachi Ltd. and is the Chairman of the Board for Hitachi-GE Nuclear Energy Ltd. Until March 2014 he was the Representative Executive Officer, Senior Vice President and Executive Officer at Hitachi Ltd. and Chief Marketing Officer and General Manager of Corporate Sales and Marketing Group at Hitachi Ltd.
  • Katsumi Nagasawa joined Hitachi Ltd. in 1980 and is Vice President and Executive Officer for Hitachi Ltd. and President and CEO of Power Systems Company. From April 2012 until March 2014 he was General Manager of Hitachi Works, Power Systems Company.

For further information please contact:

Ben Russell on 07580 948 106
ben.russell@horizonnuclearpower.com

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