New York state regulators have approved a deal that puts in place “robust” financial conditions and clears the way for decommissioning the Indian Point nuclear power plant north of New York City.
The state Public Service Commission approved the transfer of the plant from Entergy Corporation to Holtec International subsidiaries, according to governor Andrew Cuomo.
Decommissioning of the site along the Hudson River is projected to cost $2.3bn and to take at least 12 years.
…