Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Make a sustaining gift today to support local journalism!

Closed Vermont Yankee Nuclear Plant Sale Complete

Vermont Yankee Nuclear Power Plant in Vernon, Vermont, stopped operations in December 2014.
United States Nuclear Regulatory Comission
/
Creative Commons
Vermont Yankee Nuclear Power Plant in Vernon, Vermont, stopped operations in December 2014.

The owner of the closed Vermont Yankee nuclear power plant says it has completed the sale of the plant to a demolition company. 

Entergy Corp. said the sale to subsidiaries of Northstar Group Services was completed on Friday. Vermont state regulators approved the sale in early December.

The Vermont Public Utility Commission said the primary benefit was that the New York-based Northstar planned to start decommissioning the plant no later than 2021, decades sooner than Entergy planned.

Entergy said the sale to a company expected to do timely and efficient decommissioning is a "first of its kind" in the nuclear power industry.

Vermont Yankee closed in 2014 after operating for 42 years.

Copyright 2019 New England Public Media

Associated Press
The Associated Press is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers. AP is neither privately owned nor government-funded; instead, it's a not-for-profit news cooperative owned by its American newspaper and broadcast members.
Related Content

You make NHPR possible.

NHPR is nonprofit and independent. We rely on readers like you to support the local, national, and international coverage on this website. Your support makes this news available to everyone.

Give today. A monthly donation of $5 makes a real difference.