NRC Approves Entergy Spinoff
Under the plan, Entergy will hand over the operations of nuclear plants in Plymouth, Mass.; Oswego and Buchanan, N.Y.; Covert, Mich.; and Vernon, Vt., to Enexus Energy Corp., which had been referred to as SpinCo in earlier announcements. Entergy announced the name change in April.
According to Entergy's second-quarter earnings report, released Tuesday, the spinoff should be complete sometime during the fourth quarter....
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