The Associated Press March 30, 2011, 8:01PM ET

Owner: No buyer for Vermont Yankee nuclear plant

The owner of the troubled Vermont Yankee nuclear plant can't find a buyer for it.

Entergy Corp. said Wednesday there were interested parties but the plant's uncertain prospects for a new license from Vermont officials prevented a sale. Spokesman Larry Smith blames political uncertainty in Vermont. He says the plant's strong operating performance was attractive to buyers.

Vermont is the only state with a law giving it a say in relicensing. Last year the state Senate voted against allowing the plant to operate past 2012.

There have been recent leaks of radioactive substances into soil and groundwater surrounding the aging plant.

Democratic Gov. Peter Shumlin wants the plant shut down. He says it's no surprise Entergy couldn't find a buyer.

The plant recently was granted a new 20-year operating license by the U.S. Nuclear Regulatory Commission.


BW Mall - Sponsored Links

Buy a link now!