Babcock International extends EDF nuclear contract

Engineer Babcock International has won an extension to its contract to service EDF Energy's nuclear power stations in the UK.

Babcock's Cavendish Nuclear subsidiary will continue to provide fuel route and other services to the EDF fleet of advanced gas-cooled (AGR) reactor and pressurised water reactor stations, currently worth over £40m per year.

Babcock said the agreements, which will be in place until the last of the AGR stations stop generating electricity in an estimated 16 years' time, also create "the potential for growth through the provision of additional services".

Group chief executive Peter Rogers said: "I am delighted that Cavendish Nuclear has signed these agreements today, supporting and strengthening its long-term relationship with EDF Energy.

"These agreements provide a structure that will safely maximise the output from EDF Energy's existing fleet of nuclear stations."