Entergy completes sale of James A. Fitzpatrick nuclear power plant to Exelon

Published on April 04, 2017 by Daily Energy Insider Reports

Entergy Corporation recently completed the sale of the James A. Fitzpatrick nuclear power plant in Scriba, New York to Exelon Generation as part of its departure from the merchant power business.

“We are looking forward to operating the FitzPatrick plant. The employees and the community have been extraordinarily welcoming over the past few months,” Exelon Generation Senior Vice President of Operations Chris Mudrick said.

Prior to the completion of the transaction, employees from both companies worked to transfer the plant’s operating license and the jobs of many of its 600 employees to Exelon. Plant operators completed a refueling and maintenance outage in February that will enable the 838-megawatt plant to run for another operating cycle.

Entergy announced its intent to close the James A. Fitzpatrick plant in January 2016. In August 2016, Entergy and Exelon announced the planned sale of the plant. A major factor in enabling the sale of the plant was New York State’s Clean Energy Standard program, which was approved in 2016 and recognizes the plant’s zero emissions attributes.

“We are pleased to have reached an agreement for the continued operation of FitzPatrick,” Exelon President and Chief Executive Officer Chris Crane said. “We look forward to bringing FitzPatrick’s highly-skilled team of professionals into the Exelon Generation nuclear program, and to continue delivering to New York the environmental, economic and grid reliability benefits of this important energy asset.”