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Written question asked by Llew Smith (Labour) on Friday, 12 September 2003, in the House of Commons. It was due for an answer on Tuesday, 16 September 2003. It was answered by Stephen Timms (Labour) on Tuesday, 16 September 2003 on behalf of the Department of Trade and Industry.


Dept of Trade and Industry

Question
To ask the Secretary of State for Trade and Industry, what changes in the time deadlines originally set for British Energy to sell off its North American assets in the restructuring plan have been made since the plan was announced; and what the reasons are for those changes. - Including ref to 3 June, 2003, 406 c3-4WS.
Answer

Llew Smith: To ask the Secretary of State for Trade and Industry what changes in the time deadlines originally set for British Energy to sell off its North American assets in the restructuring plan have been made since the plan was announced; and what the reasons are for those changes. [130306] Mr. Timms: With regard to British Energy's 50 per cent. interest in its US joint venture, Amergen, I refer my hon. Friend to the statement made by my right hon. Friend the Secretary of State for Trade and Industry, on 3 June 2003, Official Report, column 3WS. British Energy announced on 11 September that it had agreed the sale of its interest in Amergen. British Energy completed the sale of its interest in Brace Power within the deadline set out in its restructuring plan.


Secondary information

Type
Written question
Reference
130306; 410 c642W;410 c640W
Session
2002-03
Subjects
British Energy Assets Sales Amergen
Link
View this Written question on www.publications.parliament.uk