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Insight - Stakeholder Newsletter

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Home > News and Events > NDA Announces Land Sale  

NDA Announces Land Sale

10 September 2008

The NDA is today announcing an initial tranche of land sales, following meetings with all the organisations which expressed an interest in its assets.

The NDA launched a market engagement exercise in March to determine the level of interest in certain assets which include land adjacent to its sites, uranic materials, and the Springfields fuel assembly plant.

In recognition of the current market environment and the potential to gain optimal value, some land adjacent to three sites will be offered for sale via a competitive process.

This land, which is not designated under the Energy Act, is located next to the NDA sites at:

  • Wylfa in Anglesey
  • Oldbury in Gloucestershire and
  • Bradwell in Essex.

Sean Balmer, NDA director of commercial projects, said:

“It is our intention to engage with interested parties in the near future, including those who identified themselves in the earlier market engagement. We are still determining the detailed timetable for this work, which will include a further round of market engagement, but we intend to start as soon as is practicable.”

NDA-owned land near the Sellafield site will be subject to a separate statement. The complex nature of the site requires that careful consideration is given to the precise areas of land that could be placed on the market and their potential uses. This work will be taken forward in dialogue with appropriate stakeholders.

Work is continuing regarding other assets identified in the earlier market engagement exercise and further announcements will be made in due course.

The NDA, as part of its mission, aims to maximise the return on its commercial assets where appropriate. Any such monies raised through asset sales will be retained by the NDA to support its mission.

For more information contact: Bill Hamilton 01925 802193 or 07816 315132