N.Y. drops its objections to sale of Indian Point in deal with Holtec

April 19, 2021, 3:00PMRadwaste Solutions
Indian Point nuclear power plant in Buchanan, N.Y.

The State of New York will withdraw its lawsuit against the transfer of Indian Point’s license to Holtec International for decommissioning under a provisional agreement signed on April 14. In exchange, Holtec has agreed to maintain a minimum of $400 million in Indian Point’s decommissioning trust fund for the next 10 years.

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