NRC: News Release - 2002-061 - NRC Staff Approves Transfer of Operating License for Vermont Yankee to Entergy Corporation

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NRC NEWS U.S. NUCLEAR REGULATORY COMMISSION
Office of Public Affairs	Telephone: 301/415-8200
Washington, DC 20555-0001	E-mail: OPA.Resource@nrc.gov
www.nrc.gov

No. 02-061

May 21, 2002

NRC STAFF APPROVES TRANSFER OF OPERATING LICENSE
FOR VERMONT YANKEE TO ENTERGY CORPORATION
Printable Version

The Nuclear Regulatory Commission staff has approved the transfer of the operating license for the Vermont Yankee nuclear power station from Vermont Yankee Nuclear Power Corporation to subsidiaries of Entergy Corporation.

As provided by NRC regulations, the staff's approval of the license transfer became effective on May 17.

On October 5, 2001, Vermont Yankee Nuclear Power Corp. and Entergy Corp. jointly submitted an application to the NRC requesting approval for the license transfer. The key issues considered by the NRC included Entergy's technical and financial qualifications to maintain Vermont Yankee as well as decommissioning funding assurance.

A copy of the NRC's approval letter and accompanying safety evaluation report will be placed in the NRC's Public Document Room, One White Flint North, 11555 Rockville Pike,
Room O-1 F23, Rockville, MD 20852 (telephone 1-800-397-4209 or 301-415-4737) and added to the Agency-wide Documents Access and Management System. Help in using ADAMS is available by calling the Public Document Room.

NRC news releases are available through a free listserv subscription at the following Web address: http://www.nrc.gov/public-involve/listserver.html. The NRC Home Page at www.nrc.gov also offers a Subscribe to News link in the News & Information menu. E-mail notifications are sent to subscribers when news releases are posted to NRC's Web Site.