A New York company has taken another big step toward purchasing Vermont Yankee. NorthStar Group Holdings has filed an application with the federal Nuclear Regulatory Commission to acquire the license of the shut-down Vernon plant. The request was filed jointly with Entergy, the facility’s current owner.
Encompassing more than 200 pages, the application is a comprehensive attempt to convince the NRC that NorthStar has the expertise and the financial wherewithal to clean up the plant decades earlier than Entergy had planned.
The bottom line, administrators contend, is that “this transfer is desirable and of considerable benefit to the citizens of Vermont.”