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British Energy, the operator of eight nuclear power plants, is to be acquired by EDF of France for £12bn, and EDF hopes to build at least four new reactors. 24-Sep-2008 British Energy is said to be discussing plans with Iberdrola of Spain to build a £2.1bn nuclear power plant in southern England. 15-Jan-2008 British Energy is to invest a further £90m in extending the life of nuclear power stations at Hinkley Point B in Somerset and Hunterston B in Ayrshire by five years to 2016. 12-Dec-2007 British Energy has selected eight preferred sites to build new nuclear power plants, including Sizewell in Suffolk, Hinkley in Somerset, Dungeness in Kent, Bradwell in Essex, Heysham in Lancashire, Torness in East Lothian, Hunterston in Ayrshire and Hartlepool. 28-Nov-2007 British Energy has announced the temporary closure of two nuclear reactors in Hartlepool and Heysham due to boiler problems. 23-Oct-2007 British Energy has confirmed plans to relocate about 200 staff from Renfrew and Livingston to a new headquarters at the Glasgow South Orbital building in East Kilbride next spring. 06-Sep-2007 Doosan Babcock has won a £550m contract to provide a mobile workforce of skilled engineering and technical staff to support British Energy's generating stations across the country. 29-Jun-2007 British Energy is to invest £4.5m in safety improvements at the Hunterston nuclear power station in Ayrshire. 03-May-2007 British Energy is seeking partners to work on the development of new nuclear power stations, and believes there is space for expansion at both Sizewell in Suffolk and Hinkley in Somerset. 15-Feb-2007 British Energy is to invest £20m at its nuclear power station in Hartlepool, including the development of a new simulator facility to improve training, as part of a £250m investment programme across the group. 22-Jun-2006 British Energy, the nuclear power company valued at more than £10bn, is expected to be privatised after the government announced it was prepared to sell part of its 65% stake. 23-Mar-2006 British Energy is planning to invest more than £250m in productivity improvements at its eight nuclear power plants over the next year. 27-Feb-2006 British Energy is planning to set up a multi-million pound 16,000 sq ft training facility at Hartlepool Power Station. 01-Jul-2005 British Energy is planning to recruit 230 extra staff at its seven power plants, as part of an investment aimed at improving their condition and reliability. 16-Feb-2005 British Energy is to relocate its corporate office from East Kilbride to Livingston, which will involve the loss of about 80 jobs and the transfer of 130 engineering and technical staff to Gloucester. 31-Aug-2004 British Energy is planning to sell its 50% stake in AmerGen Energy, the US nuclear power plant operator, to FPL Energy for £174m. 15-Sep-2003 British Energy is to close its head office in East Kilbride with the loss of 80 jobs, open a smaller office elsewhere in Scotland and transfer 150 jobs to Gloucester. 03-Jul-2003 British Energy has sold its 82% stake in Bruce Power of Canada to a consortium led by Cameco Corporation for £309m. 24-Dec-2002 British Energy is in discussions to sell its Canadian nuclear power operations to a joint venture between Cameco, TransCanada Pipelines and Borealis Capital. 18-Nov-2002 British Energy is said to be considering plans to close its headquarters in East Kilbride, which employs 500 people, and transfer the work to its engineering support centre at Barnwood near Cheltenham. 01-Oct-2002 British Energy, the nuclear power generator, has warned that it may be facing insolvency unless financial assistance is received soon. 06-Sep-2002 British Energy is considering plans to take over the management of some of the six Magnox reactors owned by British Nuclear Fuels. 06-May-2002 British Energy and British Nuclear Fuels are forming a joint venture to develop plans for the replacement of British Energy's ageing nuclear plants with a new generation of power stations. 26-Feb-2002 British Energy has announced plans to invest £31m in improvements at its eight UK nuclear plants over the next two years. 04-Feb-2002 British Energy and Amec are discussing plans for a £500m wind farm in the Outer Hebrides. 29-Nov-2001 British Energy has submitted proposals to the government for a £10bn investment in new nuclear power stations, in an attempt to ensure that nuclear is included in the government's energy review. 12-Sep-2001 British Energy has announced plans to invest £70m at Eggborough Power Station to reduce air pollution emissions, and the three-year contract has been awarded to FLS Miljo of Denmark. 01-Aug-2001 British Energy has announced plans to shed 400 jobs in its UK nuclear generating business over the next four years. 15-May-2001 British Energy is drawing up plans to build a new nuclear power plant at Hunterston in Ayrshire over the next ten years. 15-Mar-2001 RJB Mining has won a five year contract to supply up to 5m tonnes of coal to British Energy's Eggborough power station. 14-Mar-2001 British Energy is considering the possibility of replacing its existing generating capacity with nuclear, rather than gas-fired, plant, following an increase in wholesale gas prices. 06-Mar-2001 British Energy has revealed plans for the multi-million pound redevelopment of its 32-acre site at Barnwood in Gloucester, in order to relocate to a new energy-efficient operational support centre with 1,000 staff at Barnett Way. 19-Feb-2001 British Energy is forming a joint venture with the Renewable Energy Systems subsidiary of Sir Robert McAlpine to build offshore wind farms, and Crown Estate is due to award wind farm sites in July. 16-Feb-2001 British Energy is considering plans for a quotation on the Toronto Stock Exchange next year, in order to reflect the increasing importance of the Canadian market to its expansion strategy. 21-Nov-2000 British Energy has re-mortgaged the Eggborough coal-fired power station in Yorkshire, which will add £550m to its war chest for acquisitions. 15-Sep-2000 British Energy is considering plans to build new offices at Barnwood in Gloucester, which will help to secure 1,000 jobs. 30-Aug-2000 British Energy is selling the Swalec retail electricity and supply business to Scottish & Southern for £210m, and the proceeds will be invested in North America. 08-Aug-2000 British Energy is to acquire a lease on a nuclear power complex at Lake Huron in Canada at a total cost of about £1bn, which should help to reduce its vulnerability to falling electricity prices in the UK. 12-Jul-2000 British Energy has been granted 10-year life extensions by the nuclear regulator on its Torness and Heysham power stations. 06-Jul-2000 British Energy is considering plans to acquire another UK energy supply company, and is also seeking acquisitions in Canada and the US. 19-May-2000 British Energy is to invest £8m upgrading the training simulator at the Sizewell B nuclear power station in Suffolk. 06-Apr-2000 British Energy has announced plans to review its coal suppliers following the acquisition of the Eggborough power station, prompting speculation that the company will switch to cheaper imports. 29-Feb-2000 British Energy has bought a £5m stake in HomeDirectory.com, the internet property company, in order to market its utility services to prospective home buyers. 08-Jan-2000 National Power is selling the Eggborough power station to British Energy for £640m and the Killingholme power station to NRG Energy for £410m, and has also announced plans to demerge its domestic and international businesses. 18-Nov-1999 British Energy is looking to acquire non-nuclear power stations and another electricity retail supply business in the UK, and has also announced plans to shed 250 administrative jobs over the next two years. 11-Nov-1999 British Energy is said to be planning to acquire the 6,400MW Bruce nuclear power plant in Ontario, in partnership with US partner Peco Energy. 20-Oct-1999 British Energy is acquiring the retail energy supply units of South Wales Electricity from Hyder for £105m, but Hyder will continue to transmit power to the customers and provide back-up office functions under a five-year contract. 24-Jun-1999 British Energy is planning to buy two more US nuclear reactors from Niagara Mohawk, through its AmerGen joint venture with Peco Energy. 14-Jun-1999 British Energy is considering plans to invest in US fossil-fuel generation and power supply, as well as expanding its US nuclear power business. 13-May-1999 British Energy is buying the Clinton 930MW nuclear reactor near Chicago for £12m, through its AmerGen joint venture with Peco Energy. 16-Apr-1999 British Energy's plan to build an 850MW gas power station at Sleaford is facing opposition from Lincolnshire County Council. 30-Mar-1999 British Energy is seeking to broaden its mix of power generation assets by trying to persuade the government to allow it to buy one of PowerGen's coal-fired power stations. 22-Mar-1999 British Energy is seeking to expand its US nuclear business in partnership with Peco, and they have started negotiations to acquire the 540MW Vermont Yankee plant. 27-Feb-1999 British Energy is seeking to diversify out of nuclear power by acquiring coal-fired plant put up for sale by PowerGen, and it is also identifying acquisition prospects in the US and continental Europe. 13-Jan-1999 British Energy has applied for planning permission to build an 850MW gas-fired power station at Sleaford, Lincolnshire, but it is unlikely to win consent until after government restrictions are lifted. 02-Dec-1998 British Energy is looking to expand its US nuclear capacity to the same level as its 9,600MW capacity in the UK, and is also planning to buy coal-fired power stations in the UK. 12-Nov-1998 British Energy and Electricite de France have both made bids of about £2bn for London Electricity, the power supplier currently owned by Entergy of the US. 11-Nov-1998 British Energy and Peco Energy of the US have agreed terms for the $100m purchase of a 790MW nuclear plant at Three Mile Island. 20-Oct-1998 British Energy's plans to operate nuclear reactors in Canada have been hit by Ontario Hydro's decision to suspend partnership talks. 12-Aug-1998 British Energy and Peco Energy of the US are planning to jointly buy an 870MW nuclear power plant at Three Mile Island for $100m, which would represent the first ever sale of a US nuclear plant. 18-Jul-1998 British Energy has confirmed plans to combine the English and Scottish nuclear power subsidiaries into British Energy Generation, which will have a Scottish HQ. 24-Jun-1998 British Energy has confirmed its intention to acquire a stake in 20 nuclear reactors owned by Ontario Hydro in Canada, and it is proposing a public-private joint venture with its US partner Peco Energy. 01-Jun-1998 British Energy has identified over 100 nuclear plants in the US as potential acquisitions, and hopes to get close to completing a deal by the end of the year. 20-May-1998 British Energy is to merge its English and Scottish nuclear power subsidiaries, which were set up separately during privatisation in 1996. 15-May-1998 British Energy is discussing the possibility of taking a role in Ontario Hydro's nuclear division, which could involve the acquisition of some Canadian nuclear reactors. 13-Jan-1998 British Energy and Southern Electric are linking up to build about a dozen 50MW non-nuclear power plants in the UK over the next five years. 13-Nov-1997 British Energy has set up a joint venture with PECO Energy of Philadelphia, called AmerGen Energy, which will buy and operate US nuclear power plants. 12-Sep-1997 British Energy has agreed a £1.5bn deal with British Nuclear Fuels for the reprocessing and storage of about one third of the waste fuel from its reactors. 05-Jun-1997 British Energy is facing the statutory shutdown of seven of its nuclear power stations in the coming year, for safety and maintenance reasons, which is likely to have a significant impact on its output. 05-Jun-1997 British Energy has confirmed plans to buy a 12.5% stake in Humber Power for £28m, with Elf also acquiring a 12.5% stake in the Stallingborough plant. 08-Apr-1997 British Energy is discussing a possible joint venture with Peco, the US power generator, which could lead to an equity investment. 08-Apr-1997 British Energy, the nuclear utility, has set up a 15 year deal to supply power to Southern Electric, the first such deal between a generator and regional electricity company. 22-Nov-1996 British Energy has dropped plans to build a gas-fired power station at its Heysham site near Lancaster due to inadequate transmission capacity. 10-Oct-1996 British Energy, the nuclear utility, is to cut about 1500 jobs, over 20% of its UK workforce, in order to make savings of about £50m a year and to prepare for the expected weakening in electricity prices. 08-Oct-1996 British Energy is considering the construction of a natural gas-fired generating unit at Heysham, Lancashire. 30-Jul-1996 The levy on electricity bills to support the nuclear industry is to be scrapped when British Energy is privatised, thus reducing domestic bills by up to £20 a year. 12-Jun-1996 British Energy is expected to announce plans to extend the working lives of four of its eight nuclear power stations by up to ten years. 08-Jun-1996 The flotation of British Energy, the nuclear power utility, has been launched with a £4m publicity campaign, and it is expected to raise about £1.8bn with 30% of the flotation going to the public. 29-May-1996 The government has agreed to cut the amount of debt loaded onto British Energy from £1.5bn to £700m in order to save this summer's privatisation of the nuclear utility. 29-Mar-1996 The government has now decided to contribute £230m to cover liabilities over the closure of nuclear power plants, a move which should put the privatisation of British Energy back on track. 26-Mar-1996 British Energy, the soon-to-be-privatised nuclear power generator, would have made losses of between £50m and £550m a year had it existed over the past 5 years, and is expected to lose £150m in the year to March 1996, according to BZW the stockbrokers involved in the sale. 05-Mar-1996 British Energy is in a dispute with the government over who should be liable for decommissioning after the nuclear industry is privatised. 24-Jan-1996 British Energy has decided not to build two new nuclear power stations - at Sizewell and Hinckley Point - for economic reasons. 12-Dec-1995 The privatised nuclear industry will be owned by a holding company called British Energy, which will be based in Edinburgh and employ 50 people. 05-Sep-1995
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