BNG sale gets government go ahead

4 April 2006

The UK’s BNFL has gained government approval to sell its nuclear site management and cleanup business British Nuclear Group. The sale, which will be conducted through a competitive process, is expected to be completed by autumn 2007 at the latest.

The approval came from UK secretary of state for trade and industry Alan Johnson who said: “The process will coincide with the letting by the NDA [Nuclear Decommissioning Authority] of a new five-year contract for Sellafield and is in line with their strategy to develop a competitive market in decommissioning and bring in private sector expertise to improve performance.”

NDA chairman, Sir Anthony Cleaver, said: “The government’s decision to approve a sale of BNG brings the benefits of competition, by way of a sale, to our biggest site – Sellafield, earlier than in our original schedule. By offering a five-year contract to the new owner our aim is to provide the incentive to drive strong performance improvements while also providing a period of stability for the site.”

Meanwhile, BNFL chief executive Michael Parker said: “The sale is a positive strategic move for both the business and our employees. We now look forward to working closely with the Nuclear Decommissioning Authority to develop the criteria against which preferred bidders will be selected. I expect that there will be significant interest from potential purchasers.”


Related Articles
NDA unravelled
UK cleanup: you decide
Official figures show scale of Sellafield MOX Plant losses
NDA concludes Thorp should be restarted on costs
Sellafield MOX Plant output limited
BNG sale gets government go ahead
NDA operational review disclosed
Westinghouse in talks to extend Springfields deal
A UK strategy for management of LLW gets nearer



Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.