Entergy buys NYPAs plants: The New York Power Authority Board of Trustees

Entergy buys NYPA`s plants: The New York Power Authority Board of Trustees approved the sale of NYPA`s Indian Point 3 and James A. FitzPatrick nuclear plants to Entergy Corp. for $967 million. The sale is expected to close this fall pending regulatory approvals. The purchase price includes nuclear fuel and 1,700 staffers. As part of the agreement, Entergy agreed to accept full responsibility for possible tax liability over the plants` decommissioning fund-a potential $250 million tab.

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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