Nuclear Management Partners

(asked on 30th January 2015) - View Source

Question

To ask the Secretary of State for Energy and Climate Change, what estimate he has made of how much Nuclear Management Partners will receive in performance fees or dividend payments for the 2014-15 and 2015-16 financial years.


Answered by
Matt Hancock Portrait
Matt Hancock
This question was answered on 9th February 2015

As owners of Sellafield Ltd, under the terms of the Parent Body Organisation (PBO) contract, Nuclear Management Partners is paid dividends funded by the fees earned by Sellafield Limited. The estimated fee payable to Sellafield Limited for 2014-15 is commercially sensitive and will not be disclosed until after it has been determined following the end of the financial year. For financial year 2015-16 the amount of fee pool available is still subject to discussion between Sellafield Limited and the Nuclear Decommissioning Authority.

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