The
total
cost
of
Race
Bank,
approved
last
summer
by
the
UK
government,
is
expected
to
be
more
than
£1.5bn.
Earlier
this
month
Centrica
announced
its
decision
not
to
pursue
future
UK
nuclear
plants,
dealing
another
blow
to
the
coalition
government’s
pro-nuclear
ambitions,
and
suggesting
it
may
take
a
more
aggressive
approach
to
offshore
wind.
But
in
commenting
on
future
offshore
wind
projects,
chief
executive
Sam
Laidlaw
says
the
utility
“will
only
invest
for
value”,
and
“will
seek
to
reduce
our
equity
ownership
[in
future
projects]
through
partnering”.
Last
summer,
Centrica
sold
a
50%…
