Exelon to Take Over Entergy’s James A. FitzPatrick Nuclear Plant
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Exelon Corp. agreed to take over ownership and management of Entergy Corp.’s James A. FitzPatrick nuclear plant after New York proposed subsidies for the industry earlier this month.
Under the agreement totalling $110 million, Entergy would transfer FitzPatrick’s operating license to Exelon, according to a statement on Tuesday. Exelon has committed to refueling FitzPatrick in January 2017.