Entergy seeks alternative if nuclear spinoff fails

Entergy seeks alternative if nuclear spinoff fails
Entergy is considering spinning off its utility units into a single company should it fail to secure regulatory clearance in New York for a similar plan with its nuclear plants, according to Chairman and CEO J. Wayne Leonard. The move would achieve the same goal of dividing Entergy's regulated utility businesses from its nuclear facilities that sell power at market rates, Leonard said. The Wall Street Journal/Dow Jones Newswires

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