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Nuclear “spinoff” company rejected – ‘financially shaky’

NY regulators reject Entergy nuclear spinoff Google News, By GEORGE M. WALSH (AP) –26 March 2010, ALBANY, N.Y. — New York utility regulators on Thursday rejected Entergy Corp.’s plan to spin off its six nuclear power stations into a separate company.The state Public Service Commission acted after its staff determined the deal wasn’t in the public interest, primarily because the resulting company — Enexus Energy Corp. — could be financially shaky….

The Associated Press: NY regulators reject Entergy nuclear spinoff

March 26, 2010 - Posted by | business and costs, USA | , , , ,

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