ML063540174

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Wisconsin Energy Corporation to Sell Point Beach Plant
ML063540174
Person / Time
Site: Point Beach  NextEra Energy icon.png
Issue date: 12/20/2006
From:
NRC/RGN-III
To:
References
3-2006-0019
Download: ML063540174 (1)


Text

Morning Report Date: DEC 20, 2006 PRIORITY ATTENTION REQUIRED MORNING REPORT - REGION III Licensee/Facility:

Notification:

3-2006-0019 12/20/2006 MR Number:

NUCLEAR MANAGEMENT CO., LLC

[1] W-2-LP, [2] W-2-LP Date:

Point Beach Resident Inspector Two Rivers, Wisconsin 050-00266 050-00301 Dockets:

Wisconsin Energy Corporation to Sell Point Beach Plant

Subject:

On December 20, 2006, Wisconsin Energy Corporation announced that its subsidiary, Wisconsin Electric Power Company, has reached an agreement to sell the Point Beach Nuclear Plant to FPL Energy, a subsidiary of FPL Group, Inc. Under the agreement, FPL will sell 100 percent of the Point Beach output to We Energies, and FPL will offer employment to all current employees at the plant. The purchase price is approximately $1 billion dollars and includes trust funding for facility decommissioning. The transaction is expected to close in August 2007. Transfer of the license still needs to receive various regulatory, including NRC, approval.

Regional Action: For information only; no further action anticipated.

Discussion:

Contact:

Email:

Phone No:

Org:

LOUDEN, PATRICK L PLL@nrc.gov (630) 829-9627 R3