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The Government signed a Contract for Difference with EDF and CGN in September 2016. Under this agreement, the developer will fund the construction of the Hinkley Point C nuclear power station and bear associated risks and liabilities. Through this placement of construction related risks with the developer, the public purse is protected from the risks and liabilities arising from the construction of the Hinkley Point C nuclear power station.<\/p>
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The Department laid a minute on 21 October 2015 outlining the liabilities that would be incurred by entering in to the contracts for Hinkley Point C. The minute can be found at:<\/p>