Entergy Corporation : Franchise Herald

Entergy Corporation

Entergy Corporation

Entergy to Close Down Pilgrin Nuclear Power Station in Massachusetts, Due to Low Energy Prices, High Operating Costs, Little Expectation of Market Improvements

Entergy Corporation, an integrated energy company engaged primarily in electric power production and retail distribution operations, will be closing down its Pilgrim Nuclear Power Station in Plymouth, Massachusetts no later than June 1, 2019, according to a press release issued by Entergy. The closing down of the nuclear power station is due to poor market conditions, increased operational costs, and reduced revenues.

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