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The Joint Venture to develop new nuclear build at Sellafield, NW England, “NuGen,” has finally been established. Three companies - GDF Suez , Iberdrola and Scottish and Southern Energy (SSE) – teamed together to buy 190 ha (470 acres) land at Sellafield from the NDA in 2009. The consortium paid an upfront payment of GBP19.5 million, with a further payment of at least GBP50.5 million to follow in the next six years.

Date: Monday, 29 November 2010
Original article: neimagazine.com/news/newsnugen-jv-for-sellafield-new-build-launched

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