(Reuters) -Apollo Global will provide 4.5 billion pounds ($6.08 billion) in financing to support Britain's long-delayed Hinkley Point nuclear project, the U.S. private equity group said on Friday. The nuclear project will be funded by proceeds from Apollo-managed affiliates,

Apollo Global Management (NYSE:APO) is set to provide a £4.5B (~$6B) loan to support the long-delayed Hinkley Point C nuclear project in the U.K., the Financial Times reported on Friday. The project has been hampered by cost overruns and delay since it received government approval in 2016;

Funding for electricity group EDF, the UK’s largest ever private credit deal, eases pressure on the troubled project