The move marks a step towards a deal that could net British taxpayers as much as £3bn, according to estimates that value the entire company at £8bn-£10bn.
Urenco, headquartered in Buckinghamshire and registered in the UK, is one third owned by the Government, with the rest split between the Dutch government and two major German utilities, Eon and RWE.
Financial advisers have been invited to tender to advise the UK as it carries out discussions with the Netherlands and Germany over a potential sale.
The beauty parade is likely to include Goldman Sachs, Rothschild, JP Morgan and UBS. The UK's advisers are expected to be appointed within five to six weeks.
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