Referenced Stocks

Entergy's Pilgrim Nuclear Power Station Receives Renewal of License to Operate; Shares Edge Higher

By Midnight Trader,  May 25, 2012, 01:01:19 PM EDT

Entergy ( ETR ) has received the renewal of its operating license for its Pilgrim Nuclear Power Station in Plymouth, Mass. from the Nuclear Regulatory Commission.

The approval means the commission has concluded there is no safety or environmental issue that precludes renewal of the plant's license to operate for an additional 20 years. The 688-MW plant generates electricity to meet about 10% of the electrical demand in Massachusetts.

Shares are up 0.47% to $64.65 with a 52-week range of $57.60 - $74.00.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: ETR



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