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.

U.S. giant Apollo will supply the U.K.'s overdue Hinkley Point C nuclear power station with a £4.5 billion ($6 billion) financing package in one of the biggest private credit deals in Britain. Hinkley Point C owner EDF has faced huge bills to finish the project's construction after Chinese co-owner CGN halted its funding.

US private capital group Apollo will provide £4.5bn in debt financing to support the UK’s Hinkley Point C nuclear power station, easing mounting financial pressure on the delayed and over-budget project.