State and Holtec Agree on Indian Point Closing Plan

The state of New York, Holtec International, Entergy, the Public Utility Law Project, Riverkeeper and others have agreed to a plan to safely close the Indian Point nuclear power facility. The state has dropped its challenge to the sale of the power plant, as the new owner, Holtec, has promised to keep $400 million in a decommissioning trust fund for the next decade. The plan needs to be reviewed by the PSC.