NDA and EDF land sales
24 November 2009
At the end of October 2009, the NDA announced that it had successfully sold a 470 acre plot of land to the north of the existing site at Sellafield in Cumbria. The land was brought by a consortium comprising Iderdrola S.A., GdF Suez S.A and Scottish and Southern Energy plc. The sale represents the continuation of the NDA's asset disposal programme, which aims to raise funds that can be put towards the NDA's core mission of decommissioning the UK's existing nuclear power stations.
Also, earlier this year over 1000 acres of land next to the existing sites at Wylfa, Oldbury and Bradwell was successfully auctioned by the NDA raising nearly £400 million. Wylfa and Oldbury were bought by consortium companies formed by EON UK Plc and RWE Npower Plc whilst EDF Development Company Ltd successfully bid for the land at Bradwell. Burges Salmon LLP advised the NDA on the sales of Sellafield Ltd, Wylfa, Oldbury and Bradwell.
In Spring 2009 EDF Energy also initiated a sales process relating to its Heysham and Dungeness sites. The process is ongoing.