TVA says Bellefonte purchase misses closing date - The Daily Memphian

TVA says Bellefonte purchase misses closing date - The Daily Memphian: Tennessee Valley Authority officials have called off the sale of the Bellefonte Plant in northeastern Alabama at Friday’s deadline for Nuclear Development LLC to close on the purchase. TVA officials confirmed they called off the sale of the mothballed electricity-producing plant because Nuclear Development, owned by Chattanooga developer Franklin Haney, did not have the necessary approval from the federal Nuclear Regulatory Commission to transfer construction permits.