Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, March 5, 2010

ntergy modifies nuclear spinoff plan for N.Y. clearance

ntergy modifies nuclear spinoff plan for N.Y. clearance
Entergy is revising its nuclear spinoff plan in an effort to secure approval from New York regulators. Entergy said it will further cut the planned debt of the new company by $500 million, place limitations on dividend payments and hand over as much as $300 million to state efficiency funds if certain conditions are met. The Wall Street Journal/Dow Jones Newswires (3/3)

http://online.wsj.com/article/BT-CO-20100303-712415.html?mod=dist_smartbrief

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