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Entergy Corporation 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.

Nuclear Plant to Close in 2018

Entergy Corp. 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.

Entergy Corporation announced today that it is in discussions with Exelon Corporation for the potential sale of the James A. FitzPatrick Nuclear Power Plant in Scriba, NY.

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.

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

Entergy Corporation today said it plans to close and decommission its Vermont Yankee Nuclear Power Station in Vernon, Vt.