Entergy Corporation today completed the sale of the subsidiary that owns the Pilgrim Nuclear Power Station to a Holtec International subsidiary.
The U.S. Nuclear Regulatory Commission yesterday approved the application to transfer the licenses for the Pilgrim Nuclear Power Station from Entergy Corporation to a Holtec International subsidiary for decommissioning, paving the way for completion of the plant’s sale to Holtec
Entergy Corporation reported second quarter 2019 earnings per share of $1.22 on an as-reported basis and $1.35 on an adjusted basis (non-GAAP).
The Board of Directors of Entergy Corporation has declared a quarterly dividend of $0.91 per common share.
Entergy Corporation will report second quarter earnings results before market open on Wednesday, July 31, 2019, and host a teleconference at 10 a.m. CT that day to discuss the earnings announcement and the company’s financial performance.
Entergy is pleased the President recognizes that nuclear energy is a critical part of our nation's energy mix.
We are pleased that the Court's ruling leaves intact the settlement Resolution of the Council that allows the construction of the New Orleans Power Station to proceed.
Pilgrim Nuclear Power Station entered Phase I of plant decommissioning following safe removal of nuclear fuel from the reactor into the spent fuel pool, and NRC docketing of the certifications of permanent cessation of operations and permanent removal of fuel from the reactor on June 11. Approximately 270 site employees are being retained to perform post-shutdown operations.
Entergy Corporation has been notified of an unsolicited mini-tender offer by TRC Capital Corporation to purchase up to 1 million shares of Entergy common stock, representing approximately 0.53% of Entergy’s outstanding shares as of April 30, 2019.
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