Decommissioning Contract Award

RNS Number : 1633A

Fisher (James) & Sons plc

18 December 2014

 

18 December 2014

James Fisher and Sons plc

James Fisher Nuclear awarded major decommissioning contract

James Fisher and Sons plc (FSJ.L) ("JFS") today announces that a consortium of which its subsidiary James Fisher Nuclear ("JFN") is part, has been awarded a £150m decommissioning contract by Sellafield Limited.  The consortium is led by M+W Group and the contract is for the design and delivery of a purpose built nuclear waste store and the construction of a new Direct Import Facility to handle radioactive waste.  The project will commence this year and is scheduled for completion in 2017.  JFN represents 25% of the value of the consortium.

Nick Henry, Chief Executive Officer of JFS, said:

"The award of this contract is testament to our specific design expertise in remote handling for the nuclear industry and demonstrates that James Fisher Nuclear has become a specialist tier 2 supplier to the UK nuclear industry.  We look forward to working with M+W as the beginning of a strategic partnership."

Contacts:

James Fisher and Sons plc	Nick Henry	Chief Executive Officer	020 7614 9508
FTI Consulting	Richard Mountain Rebecca Flower		0203 727 1374

 

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