Nuclear deal reshapes Nine Mile Point sale terms
Niagara Mohawk and others plan to sell stakes in Nine Mile Point and Nine Mile 2 to Constellation, with ratepayers to bear much of remaining nuclear costs. The sale values Nine Mile 1 at 610 million for full ownership and Nine Mile 2 partial stakes for cash and debt, plus a $450 million decommissioning fund. Regulators from PSC and federal agencies will review the deal before completion.
MENTIONED IN THIS ARTICLE
Constellation
Nine Mile Point
Wannatealac
Tintare
New York Power Authority
Dominions
Millstone
Wan Det Ak Ued Ula
Amera
Chnter
Entergy
Grim
AmerGen
Edwards
Nine Mile 2
Ilsties
Niagara Mohawk
State Public Service Commission
NiMos
Nine Mile 2 NiMe
Snd
America
Mary Ellen Burns
Telecommunications
PSC
US Nuclear Regulatory Com
Waan
Tiago Gop
New York State Electric & Gas
Hocnestel Gas & Biecurie
Central Hudson Gas & Electric
Long Island Power Authority
Constellations
Constellation Nuclear to buy Scriba plants amid cautious talks
Constellation Nuclear officials briefed managers union employees and public officials about plans to buy the Scriba Calvert Cliffs style plants. They pledged similar pay and benefits, highlighted safety and staffing considerations, and noted a 20 year NRC license extension for Nine Mile Point. Local officials expressed measured optimism while warning over future labor and tax implications.
MENTIONED IN THIS ARTICLE
Constellation Nuclear
Thinge
Scriba
Ray Wennerlich
Wenderlich
Constellation
Thomas Dinmary
International Brotherhood of Electrical Workers
Primero
Constellation Energy Group
Baltimore Gas and Electric Company
Calvert Cliffs
Maryland
David Lochbaum
Union of Concerned Scientists
Compatison
Netanyahu clears first hurdle for potential return as premier
Israel parliament approved a preliminary bill allowing former prime minister Benjamin Netanyahu to run in a February special election. The 67 to 35 vote on first reading keeps him in contention as polls show a double digit lead over Ehud Barak, who quit as prime minister after a resignation. The measure would permit any citizen to run in the special election, though Netanyahu still must secure his party nomination amid upcoming Likud primaries led by Ariel Sharon. Elsewhere, Gaza clashes left four Palestinian police dead and many injured as Israeli forces and gunmen traded fire near Khan Yunis. A Lebanese newspaper said two Israeli soldiers captured by Hezbollah two months ago were wounded but alive.
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Jerusalem
Benjamin Netanyahu
Israel
Netanyahu
Ehud Barak
Barak
Bara
Likud
Ariel Sharon
Israply
Gaza Strip
Khan Yunis
Hezbollah
Lebanon
Rafik Hariri
Al-Mustaqbal
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Jack Tierney
Michael Kunzwiler
Kunzwiler
Mile Point
Lochbaum
EFIF
Nuclear Regulatory Commission
Tierney
Nive Mae 1
Nine Mile 1
Wisconsin
Deshaun Williams
Ahletics
The
Associated Press
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Jordan St . Skansateles
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