GDF Suez and Iberdrola form UK nuclear team

The companies intend to participate in the sale of nuclear sites owned by The Nuclear Decommissioning Authority (NDA) and EDF Development Company.

Iberdrola has also agreed to partner with Scottish & Southern Energy in a similar venture, and the consortium will consider further partners, according to a statement from the companies.

The venture is the latest boost to the UK's government-backed nuclear renaissance, following EDF's purchase of nuclear generator British Energy last year, and the Janua