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LONDON (AP) — Work on a major new nuclear power station in Britain will stop after Japanese company Hitachi pulled out of the project.

Hitachi halted work on the Horizon Project, located in Wylfa, on the Welsh island of Anglesey. It will also end work on another site located in England after it had been unable to agree on financing with the U.

K. government.

The company had been in talks with the British government for years about how it might support the project financially, including through stock and debt investments. It suspended operations last year when a deal couldn’t be reached, and said the COVID-19 pandemic made financing difficult.

“Hitachi made this decision given that 20 months have passed since the suspension, and the investment environment has become increasingly severe due to the impact of COVID-19,” the company said in a statement.

The suspension was seen as a blow to a British government facing Brexit at the end of the year. Prime Minister Boris Johnson’s government wants to show it is open to business deals with companies and countries beyond the European Union.

“Horizon will now take steps for the orderly closing down of all its current development activities, but will keep the lines of communication open with government and other key stakeholders regarding future options at both our sites,” Horizon nuclear power said in a statement.

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Final Fantasy XVI Will Likely Release In Late 2021 Or 2022, Reporter Predicts

In the wake of the Final Fantasy XVI trailer that was revealed during the Playstation 5 Showcase earlier this month, reporter Joe Apsey of PlayStation Universe predicted that a late 2021 or 2022 release of the game is “likely.” Apsey made the prediction following Bloomberg journalist Jason Schreier’s appearance on the TripleClick podcast. The author claimed that the new Final Fantasy project has been in development for at least four years and will be released sooner than expected.

As noted by GamingBolt, Schreier’s claim is still unconfirmed, and Square Enix’s official release window has not been provided.

“This doesn’t necessarily narrow down the release window (which hasn’t even been provided) but it does indicate that there won’t be a 10 year creation cycle like Final Fantasy 15,” the publication wrote.

The game’s director, Hiroshi Takai — who worked on Final Fantasy XIV along with The Last Remnant — said that another big reveal is coming in 2021 but suggested that the project’s release might not come anytime soon, GamingBolt reported.

“Though we’re pouring our hearts and souls into this project each and every day, it may still be some time before we can get it into your hands.”

The Final Fantasy XVI trailer showed both battles and cutscenes that producer Naoki Yoshida claimed were running in real-time. He also said that the recent trailer is just “a fraction” of what the development team has achieved on the new game.

On Twitter, Schreier noted Yoshida’s role in saving Final Fantasy XIV, which was released to poor reception before being revamped and re-released as Final Fantasy XIV: A Realm Reborn, which has been praised for its still-developing storyline.

  Square Enix

Regardless of the release date of the forthcoming game, its progress appears to be proceeding smoother than its predecessor, which was originally announced as Versus XIII before transitioning into the creation of the next numbered game in the series — Final Fantasy XV. As The Inquisitr reported, Final Fantasy XV Character Designer Roberto Ferrari claimed that the infamously long creation cycle of the game was marred by a disorganized development process that included a constantly-shifting story and lack of focus.

The project also shifted directors from Tetsuya Nomura to Hajime Tabata. While Nomura was working on the game, he was reportedly working on ten different games, which is speculated to be one reason for the game’s stalled progress.

Final Fantasy XVI is set to release as a time-exclusive for the PlayStation 5 and later for the PC.

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