Vermont Yankee sale deadline pushed back again
MONTPELIER — State regulators have been forced to amend the deadline of its agreement — for the third time — with the owner and potential new owner of the Vermont Yankee nuclear power plant because of the delay in getting a state decision about the proposed sale.
In documents filed Monday with the Department of Public Service, state regulators said they needed to move the deadline from Nov. 30 to Dec. 10, 2018, and cited the Public Utility Commission's own statement that a decision would be released later this week.
The Department of Public Service had entered into a memorandum of understanding on March 2 with Entergy Nuclear and NorthStar Group Holdings, and since then has had to push back the date in July and again in October. The date sets the deadline for when parties can withdraw from the agreement.
Both the state agencies involved in the sale, as well as Entergy and NorthStar, signed the agreement asking for the new deadline of Dec. 10.
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