Monday, April 28, 2008

Future Pilgrim plant owner is finally named

More than five months after the owner of the Pilgrim nuclear power plant in Plymouth revealed plans to spin off the plant and five other reactors into a new company, Entergy Corp. finally has come up with a name for that company.

New Orleans-based Entergy said the new publicly traded company that will own the six reactors will be called Enexus Energy Corp. and will be headquartered in Jackson, Miss. – the location of the current home base for Entergy’s nuclear operations.

Entergy is also creating a new joint venture to operate the plants. That venture, which will be jointly owned by Entergy and Enexus, will be called EquaGen LLC.

Patriot Ledger

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