Entergy's nuclear division is based in Jackson, MS and itsEntergy Nuclear Northeast operation is headquartered in WhitePlains. The firm reported in September that it had leased 60,000 sfof space at 440 Hamilton Ave., in Downtown White Plains. IndianPoint II and its associated gas turbines, which have a combinedenergy capacity of 1015 MWs, have not been in operation sinceFebruary of this year after a rupture of a generator turbine linecaused a leak. A Con Edison spokesman said the firm hopes to havethe Indian Point II plant re-started by year's end. Indian Point Ihas been shut down and in "safe storage" since the early 1970s, ConEdison officials note.

While the company reported that it won a bid for the IndianPoint I and II nuclear power plants in a recent auction for ConEdison conducted by Morgan Stanley Dean Witter, the firm is nearingcompletion of its purchase of the Indian Point III nuclear powerplant in Buchanan and the James A, Fitzpatrick plant in Oswego, NYfrom the New York Power Authority. That deal has been valued at$970 million.

Eugene R. McGrath, chairman and chief executive officer of ConEdison comments, "This transaction underscores Con Edison'sstrategy of concentrating on energy delivery and supports New YorkState's goal of fostering a competitive marketplace."

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John Jordan

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