| Online bidding begins for land adjacent to nuclear plants | | Print | |
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Following an announcement in December by the Nuclear Decommissioning Authority (NDA) and EDF concerning the disposal of land adjacent to three NDA sites at Wylfa, Oldbury and Bradwell; the process enters its final phase with the start of online bidding. The bidding process will be run by Colliers CRE on their auction website and is live from 16 March. The online auction will allow pre- approved bidders to make bids in two windows each day. The auction will end once a period of 24 hours has elapsed without a bid on any of the three lots. All bidders will be able to view the current highest bid on each lot and the winner for each lot will be the party with the highest bid on that lot when the auction closes. Following dialogue with bidders, single bids will be invited for a combined lot owned by the NDA and EDF at Wylfa. Three separate lots are for sale in this process: The land at Wylfa, adjacent to an operating Magnox nuclear power station currently scheduled to close in March 2010, comprises NDA and EDF owned land totaling approximately 178 hectares (438 acres), together with an option to acquire any grid connection rights in respect of Wylfa held by any member of the EDF Group or the NDA. The land at Oldbury, adjacent to an operating Magnox nuclear power station currently scheduled to close in 2010, comprises NDA owned land totaling approximately 48 hectares (119 acres). The land at Bradwell, adjacent to a Magnox nuclear power station currently being decommissioned, comprises NDA owned land totaling approximately 200 hectares (493 acres). Comments (0)
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