Expanding Horizon Nuclear Power is creating 250 more jobs - taking its target total to 400 - as it plots a move into new headquarters at Gloucester Business Park.
Hitachi-owned Horizon already employs almost 150 staff and was on record as expecting to see that figure double, but it has now announced staff numbers will reach 400 - with room for further expansion.
The company, formed in 2009, is behind the development of nuclear power stations at Wylfa on Anglesey and near Oldbury on Severn in South Gloucestershire and is expected to create thousands more jobs based at these two sites.
With energy giant EDF already in the city at Barnwood Horizon’s commitment to Gloucester further cements the city at the heart of the next generation of nuclear power plants.
EDF is charged with building the country's first new nuclear power station at Hinkley Point in Somerset.
According to Horizon it is “rapidly recruiting” at a rate of around 100 people per year as its projects gather momentum. The new headquarters will be available from 2016.
Alan Raymant, chief operating officer of Horizon Nuclear Power, said: “Our current offices on the park have served us extremely well but, as our plans have developed, the company has grown and we need a bigger facility. The Gloucester Business Park is ideal for us.
“This part of the country has good transport links and a strong heritage of nuclear professionals, companies and related industries. We’re growing fast and are looking for high calibre people across a range of disciplines to join us.”
This is the latest in a series of significant developments for the company. In December, Horizon signed a co-operation agreement with the Treasury, designed to support project financing, and series of “framework contracts” with major UK based engineering companies.
In January, the UK Advanced Boiling Water Reactor technology proposed for both sites moved to the second of four stages in the Government’s Generic Design Assessment regulatory process for new nuclear reactors in the UK.
Horizon Nuclear Power was formed in 2009 to develop new
Horizon’s developments will represent multi-billion pound investments in Anglesey and South Gloucestershire. It is expected to create up to 1000 jobs during operation, and up to 6000 during the peak construction phase.