Horizon Welcomes new Exelon-JAPC Joint Venture

London, 13th April 2017 - Horizon Nuclear Power a wholly owned subsidiary of Hitachi, Ltd. (TSE:6501), has today welcomed the formation of a joint venture between Exelon and The Japan Atomic Power Company which will support the company as it continues to progress its nuclear new build project at Wylfa Newydd. The joint venture – to be known as JExel Nuclear – brings together two companies with whom Horizon has already been working and will provide advisory services and operations and maintenance management services. Duncan Hawthorne, Chief Executive Officer at Horizon said: “We are delighted that two of the companies with whom we already working closely have come together to provide us with such a strong and consolidated service. We look forward to continuing to draw on their combined knowledge and experience of the global nuclear industry as we successfully deliver Wylfa Newydd and grow Horizon into a new, leading nuclear operator.”