On June 7, 2007, the company took over operational and management responsibilities of several Magnox atomic plants from British Nuclear Fuels plc in United Kingdom through the acquisition of the BNFL subsidiary - Reactor Sites Management Company (RMSC).
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Through the acquisition, the company took over operational and management responsibilities of several Magnox atomic plants from British Nuclear Fuels plc.
Since the closure of Garrett's, the town's economy has been dominated by the two nuclear power stations on the coast at Sizewell: the now decommissioned Magnox reactor of Sizewell A and the more modern Pressurised Water Reactor of Sizewell B. A number of smaller companies operate from industrial areas within the town.
Magnox Ltd is responsible for the operation and decommissioning of ten Magnox nuclear power stations in the United Kingdom.
BNG's US subsidiary, BNG America, its Magnox reactor business, Reactor Sites Management Company, its consultancy business, BNG Project Services and its one third share in Atomic Weapons Establishment management company, AWE Management Ltd were all sold.
Magnox | Magnox Ltd |
Magnox Ltd is a nuclear decommissioning Site Licence Company (SLC) controlled by EnergySolutions, its designated Parent Body Organisation (PBO).
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In June 2007, BNFL sold RSMC to the newly formed US company EnergySolutions; and transferred operational and management responsibilities of Magnox sites to the US company.
The assets of Magnox Electric were later combined with BNFL in 1998, and eventually operated and managed by US based EnergySolutions through its June 2007 acquisition of the BNFL subsidiary - Reactor Sites Management Company.