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Home arrow News arrow Latest nuclear news arrow BNFL to sell reactor sites management
BNFL to sell reactor sites management | Print |  E-mail

BNFL has announced that it is to sell its reactor sites management business, which manages operations and decommissioning at 10 nuclear sites across the UK, on behalf of the Nuclear decommissioning Authority (NDA).

The sale will be of the entire share capital of a new wholly-owned business called Reactor Sites Management Company, which is responsible for the management of the Magnox reactor sites in the UK.
 
Magnox Electric Limited, which is the holder of a nuclear site licence for each of the NDA’s Magnox reactor sites, will be a wholly-owned subsidiary of Reactor Sites Management Company and therefore will be included in the sale.
 
Magnox Electric Limited comprises 10 nuclear reactor sites (it excludes Calder Hall), which have generated electricity safely for nearly 50 years. Four are still generating, with two ceasing by the end of 2006 and the last scheduled to cease in 2010. The Reactor Sites Management Company will employ around 70 staff directly at its base in Berkeley, Gloucestershire and has management responsibility for a further 3,500 employees across all its UK sites.
 
The sale is being handled for BNFL by its financial advisers, NM Rothschild & Sons Limited and any interested parties should contact Richard Guest at
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