E.ON RWE Win Wylfa Auction Bid

by Mike Evans

RWE NPower and E.ON UK have won the ebay style online auction for land at Wylfa on Anglesey, according to the Nuclear Decommissioning Authority(NDA).

The auction for the three NDA owned sites at Wylfa, Oldbury and Bradwell have raised around £387 million, which will help fund the decommissioning process at the existing nuclear sites.

On Anglesey the 178 hectares at Wylfa was made up of two lots of land, one owned by the NDA and the other by French power giant EDF.

Bow Bidco Wylfa Limited is the consortium made up of the UK subsidiaries of the two German power giants, RWE Npower plc and E.ON UK plc.

The nuclear online auction process began in March 2009 and was kept secret until all bids were completed.

Now that the auction has ended, the NDA and EDF will arrange the completion of the legal process to transfer title of the land to Bow Bidco Wylfa Ltd.

The auction for the site at Bradwell in Essex was won by French giant EDF, while a consortium made up of Spanish company Iberdrola, Scottish and Southern Energy and GDF-Suez pulled out of the bidding.

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