Holtec Has Reached an Agreement with Entergy to Acquire Indian Point Energy Center After the Last of the Three Reactors Shuts Down

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.

Continue ReadingHoltec Has Reached an Agreement with Entergy to Acquire Indian Point Energy Center After the Last of the Three Reactors Shuts Down

Holtec Files Request to Acquire Pilgrim Nuclear Power Station by End of 2019

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.

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Holtec International to Acquire Pilgrim and Palisades Sites from Entergy after their Reactors Shutdown

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.

Continue ReadingHoltec International to Acquire Pilgrim and Palisades Sites from Entergy after their Reactors Shutdown