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Written question asked by Caroline Flint (Labour) on Friday, 30 January 2015, in the House of Commons. It was due for an answer on Tuesday, 3 February 2015. It was answered by Matt Hancock (Conservative) on Monday, 9 February 2015 on behalf of the Department of Energy and Climate Change.


Nuclear Management Partners

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.

Answer

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.


Secondary information

Type
Written question
Reference
222818
Session
2014-15
Subjects
Payments Nuclear Management Partners
Contains statistics
Yes
Link
View this Written question on www.parliament.uk