Holtec International’s subsidiaries completed the ownership transfer and acquisition of the Oyster Creek Generating Station from Exelon Generation today.
We are pleased to announce that Entergy Corp. (NYSE: ETR) has agreed to sell the subsidiaries that own Indian Point Units 1, 2, and 3, located in Buchanan, N.Y., to a Holtec International subsidiary for decommissioning.
Effective March 25th, Kelly Trice will join CDI as president of the organization. Mr. Trice brings thirty years of executive management for multibillion-dollar engineering, procurement and construction (EPC) projects that span both power generation and nuclear decommissioning.
Entergy Corp. and Holtec International, through their affiliates, asked the U.S. Nuclear Regulatory Commission (NRC) to approve the sale of the Pilgrim Nuclear Power Station to Holtec after shutdown. Holtec plans to complete decommissioning and site restoration decades sooner than if Entergy completed decommissioning.
The sales include the transfer of the licenses, spent fuel, and Nuclear Decommissioning Trusts, as well as the site of the decommissioned Big Rock Point Nuclear Power Plant near Charlevoix, Michigan, where only the Independent Spent Fuel Storage Installation remains.