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.