Ownership of Dounreay Site Restoration Ltd has moved from the public sector to the private sector.
It follows the successful completion at the weekend of the sale by the UK Atomic Energy Authority of its commercial interests to Babcock International Group PLC.
This brought to an end the UK Atomic Energy Authority’s presence at Dounreay after 55 years and completes the privatisation of its entire workforce at the site.
Dounreay Site Restoration Ltd evolved in 2008 from the old Dounreay Division of the UK Atomic Energy Authority as part of a commercial restructure.
The reorganisation resulted in a group of new companies under the ownership of UKAEA Ltd.
Earlier this year, the UK Atomic Energy Authority placed UKAEA Ltd on the market.
Its sale to Babcock International Group PLC was completed on Saturday, October 31.
The sale means that Dounreay Site Restoration Ltd has moved with UKAEA Ltd from ownership by the public sector to the private sector.
Senior management positions in DSRL continue to be filled by secondees from UKAEA Ltd, supported by colleagues from business partners AMEC and CH2MHILL.
The change clears the way for competition for ownership of DSRL and its contract with the Nuclear Decommissioning Authority to manage the site clean-up and closure.
Simon Middlemas, managing director of Dounreay Site Restoration Ltd, said: “Our status has changed but our focus has not – to deliver the safest and most cost-effective clean-up programme possible to our customer, the NDA."
The site is owned by the Nuclear Decommissioning Authority.