Entergy Purchases Vermont Yankee Nuclear Plant for $180 Million, Memorandum of Understanding Creates Decade of Regulatory Conflict

On July 31, 2002, Entergy Nuclear Vermont Yankee LLC—a subsidiary of Entergy Corporation of New Orleans—completes its $180 million purchase of the Vermont Yankee nuclear power plant from Vermont Yankee Nuclear Power Corporation, a consortium of eight New England utilities that originally owned the …