Article 3TJ9G Banks court buyers for 49% stake in UK nuclear power stations

Banks court buyers for 49% stake in UK nuclear power stations

by
Adam Vaughan Energy correspondent
from on (#3TJ9G)

EDF Energy thought to have piggybacked on plans by Centrica to sell off some of nuclear power stake

Three international banks have begun courting buyers for a 49% stake in Britain's eight nuclear power stations, starting the process of a major shakeup of the sector's ownership.

UK-listed Centrica said in February it was looking to sell its 20% stake in the nuclear plants, which UBS and Goldman Sachs are understood to be handling.

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