VYNPSVermont Yankee Nuclear Power Station
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The NorthStar Group Services (NorthStar) became the new owner of the Vermont Yankee Nuclear Power Station (VYNPS).
On December 6, 2018, the Vermont Public Utility Commission issued an order approving the sale and transfer of the facility to NorthStar, ending a years-long process and review by the State of the proposed sale to NorthStar and of NorthStars proposed plan for an expedited clean-up up the VYNPS site.
In addition, the agreement with NorthStar and Entergy requires that the two companies collectively provide approximately $250 million in additional financial assurance above and beyond what is currently available in the Nuclear Decommissioning Trust for the VYNPS decommissioning.