The stake has been sold for an upfront cash consideration of GBP5.75m with a further contingent payment of GBP1.25m on progress with the development of the West Cumbria site, UK.
In addition, NuGen has an option to purchase land for the development of a new to 3.6GW nuclear power station near Sellafield in West Cumbria.
The option was secured for an initial cash consideration of GBP19.5m in October 2009.
