Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

British Energy

Stricken nuclear generator British Energy is to be restructured in a bid to cut operating costs and return it to an even financial keel. New fuel reprocessing contracts are to be signed with BNFL, nuclear, decommissioning and spent fuel liabilities transferred to a new government-financed Nuclear Liability Fund. US and Canadian interests Amergen and Bruce Power will be sold, and bonds worth £700M issued to pay off creditors. The government has extended its £650M loan, agreed ...

Subscribe for full online access and get...

  • Full, instant access to all stories
  • Customised email alerts straight to your inbox
  • Monthly print magazine

Register for guest access to keep reading and get..

  • A free taste of other selected news stories
  • Daily email newsletters


Already have a subscription or ICE membership? or