Search
 
News

Entergy to Sell Indian Point Energy Center Post Closure to New Jersey Firm

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 Energy Center, Buchanan, NY 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.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

More from this author

Recommended Stories

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.