Apollo Global Management Inc. agreed to help Electricite de France SA raise as much as £4.5 billion ($6.1 billion) in private bond placements to fund the construction of the Hinkley Point C nuclear power plant and other investments in the UK.

US private equity giant Apollo will provide £4.5bn in debt financing to support the UK’s Hinkley Point nuclear project, in a deal that will help ease financial pressures on the flagship development. The investment grade financing will be provided as unsecured debt at an interest rate just below 7 per cent,

U.S. asset management giant Apollo is set to provide a £4.5 billion ($6 billion) loan to plug a shortfall facing U.K. nuclear project Hinkley Point. The deal was first reported by the Financial Times on Friday and supported by two sources speaking to CNBC on condition of anonymity because of the sensitivity of the matter.

The cascade of machines, arranged in long halls and shielded by concrete and steel, have been central to Iran’s most sensitive nuclear work, and, until recently, largely immune to airstrikes. But this month Israeli warplanes penetrated Iranian airspace and struck multiple nuclear sites,

Israel has struck a series of nuclear facilities across Iran, including its largest enrichment site, Natanz, key buildings at its Esfahan complex, factories that make centrifuges to enrich uranium, and its still-under-construction heavy-water reactor at Khondab.

By Alexander Cornwell, Parisa Hafezi, Jana Choukeir and Ahmed Elimam TEL AVIV/JERUSALEM/DUBAI (Reuters) -Israel said on Friday it had struck Iran's only functioning nuclear power plant on the Gulf coast,