LONDON: Japan's Hitachi said Monday it was ready to relaunch a nuclear power project in Wales that was put on hold early last year because of wrangling over financing. The company's Horizon Nuclear subsidiary said it was "continuing to engage with the UK government, and others, on securing the right conditions to support a potential restart for Wylfa Newydd" on Anglesey island off northwest Wales.

"It is too important an opportunity not to deliver, given the benefits it will bring both locally and nationally, and we remain committed to doing all we can to move this transformational project forward," a spokesman said. Hitachi froze the planned construction of two reactors at the site in January 2019, saying the project was not commercially viable.