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15th January 2014

NuGen Statement on changes to shareholding

NuGen welcomes confirmation that the agreements between GDF Suez, Iberdrola and Toshiba-Westinghouse have been finalised over the ultimate shareholding in NuGeneration Ltd.

This clarification is positive news for NuGen staff, our stakeholders in West Cumbria and elsewhere, and for the prospects of the UK’s new nuclear build programme.

The news underpins the commitment shown to our Moorside project in West Cumbria over several years.

At NuGen we look forward to working with new colleagues to take forward our Moorside project with the added momentum and focus these changes will bring.

 

 

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