Lodestone worked with EnergySolutions for over five years providing strategic counsel in a number of key areas relating to their UK operations in the field of nuclear decommissioning. Headquartered in Salt Lake City, Utah, EnergySolutions is the largest nuclear waste company in the United States specializing in decommissioning nuclear power plants and safely transporting hazardous materials.
Lodestone provided public affairs advice on EnergySolutions’ pursuit of legal action relating to the awarding of the multi-billion pound contract last year by the Nuclear Decommissioning Authority to the Cavendish Fluor Partnership to manage the Magnox Ltd and Research Site Restoration Ltd nuclear sites. It was believed there were serious breaches of the procurement process by the NDA and EnergySolutions subsequently sought payment damages of £250m to recover the costs incurred and lost profits caused as a result of the decision by the NDA. The case received national coverage in the Times and the Sunday Times and is still ongoing.
In April 2016, Lodestone provided UK press support for the successful sale of EnergySolutions’ North American, European and Asian businesses to WS Atkins plc for $318 million.