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Entergy, NorthStar Reach Settlement Agreement with State of Vermont and Other Parties on Terms for the Approval of the Sale of Vermont Yankee

Entergy Corp. affiliates and NorthStar Group Services Inc. announced today they have signed a settlement agreement and Memorandum of Understanding with State of Vermont agencies and other interested parties on terms for approval of the proposed sale this year of Entergy Nuclear Vermont Yankee, the entity that owns the Vermont Yankee Nuclear Power Station located in Vernon, Vermont.

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Vermont Yankee’s Decommissioning to be Accelerated by Decades

Entergy Corp. (NYSE: ETR) announced today an agreement to sell Entergy Nuclear Vermont Yankee and transfer the US Nuclear Regulatory Commission licenses to subsidiaries of NorthStar Group Services, Inc. to accelerate decommissioning and site restoration by decades. In addition, Entergy announced plans to accelerate the transfer of all spent nuclear fuel to dry cask storage at the Vermont Yankee Nuclear Power Station, from 2020 to 2018.

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Entergy Announces Outsourcing of Security to Securitas Critical Infrastructure Services

Entergy Nuclear Vermont Yankee, LLC announced today that it has awarded a security contract to Securitas Critical Infrastructure Services, effective June 28, to provide security and related services at its Vermont Yankee facility in Vernon, Vermont as part of its decommissioning efforts.

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Entergy Nuclear Vermont Yankee Announces Accelerated Start of Dry Fuel Storage Loading Campaign

Entergy Nuclear Vermont Yankee announced today that it plans to begin transferring spent nuclear fuel from “wet” to “dry” storage starting in 2017, two years earlier than originally planned.

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Governor Shumlin, Attorney General Sorrell, and Entergy VY Announce End to Current Disputes and Path to Decommissioning and Site Restoration of Vermont Yankee Without Undue Delay After 2014 Closure

Gov. Peter Shumlin, Attorney General Bill Sorrell, and Bill Mohl, President of Entergy Wholesale Commodities, today announced a settlement agreement between the State and the owner and operator of the Vermont Yankee Nuclear Power

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