Indian Point's Entergy In Talks To Sell Upstate Power Plant

BUCHANAN, N.Y. -- A plan by Entergy to sell its nuclear plant in upstate Oswego County to another power provider is being hailed as a job-saver by business and labor groups, according to report by lohud.com.

The James A. FitzPatrick Nuclear Power Plant in upstate Scriba could be sold by Entergy to another power provider. The move would save hundreds of jobs and help the local economy.
Photo Credit: *Wikimedia*

Carol Reif

07/15/2016 5:00 p.m.

The owner of the Indian Point nuclear facility in Buchanan announced last fall that it was closing the James A. FitzPatrick power plant in Scriba for economic reasons, a move that would have affected hundreds of employees and left a big hole in the local tax base, lohud.com reported.

Entergy told lohud.com that it is in acquisition talks with Exelon, a Chicago-based company that does business in 48 states, Washington, D.C., and Canada.

A vote by the Public Service Commission on New York state’s proposed economic subsidies for upstate power plants is looming, the lohud.com report said.

It was unclear, lohud.com reported, if those subsidies would help Indian Point, which Gov. Andrew Cuomo wants to see shut down because of safety issues.

To read lohud.com’s story, click here.

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