Indian Point Energy Center, Buchanan, NY

BUCHANAN, NY—Entergy Corp. has reached an agreement to sell its Indian Point 1, 2 and 3 nuclear power plants here after the power plants are shut down in late 2021.

The New Orleans-based Energy company reports that it will sell Indian Point 1, 2 and 3 nuclear units to decommissioning firm Holtec International of Camden, NJ, which will decommission units. Indian Point 2 and 3 that are scheduled for closure in 2020 and 2021. Indian Point Unit 1 was shut down in 1974. The sale transaction of the complex on the shores of the Hudson River in Westchester County is expected to close in the third quarter of 2021.

The sale includes the transfer of the licenses, spent fuel, decommissioning liabilities, and Nuclear Decommissioning Trusts for the three units. The sale price of the complex was not disclosed. With the deal, Entergy has announced agreements to sell all of its nuclear power plant holdings.