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Holtec International completed the acquisition of Indian Point Energy Center from Entergy.

Synopsis

Holtec International, a supplier of equipment and systems for the energy industry, completed the acquisition of Indian Point Energy Center from Entergy, an integrated energy company. Financial terms were not disclosed. "The sale of Indian Point to Holtec is expected to result in the completion of decommissioning decades sooner than if the site were to remain under Entergy’s ownership. With its deep experience and technological innovations, Holtec’s ability to decommission Indian Point will benefit stakeholders in the surrounding community," Leo Denault, Entergy Chairman and CEO.

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