British Energy
On 19 January 2009, the Fund sold its remaining 36% interest in British Energy following the takeover of the company by EDF Energy. The sale raised a further £4.421billion, taking the total Fund value at that date to £8.3 billion. This is to be invested to fund the long term decommissioning costs of EDF's eight former British Energy nuclear stations, plus certain other contracted and uncontracted nuclear liabilities relating to the assets as they arise.