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Exelon Corp. (EXC) Will Take Ownership of Entergy's NY-Based FitzPatrick Nuclear Power Plant

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Exelon to Assume Ownership and Operation of Entergy’s James A. FitzPatrick Nuclear Power Plant in Upstate New York

August 9, 2016 9:20 AM EDT

SCRIBA, N.Y.--(BUSINESS WIRE)-- Exelon Generation (NYSE: EXC), owner of the nations largest nuclear fleet, has agreed to assume ownership and management of operations of Entergy Corporations (NYSE: ETR) James A. FitzPatrick Nuclear Power Plant in Scriba, NY, the companies announced today. New York Governor Andrew Cuomo, who asked the New York Public Service Commission (PSC) to adopt a Clean Energy Standard (CES) benefitting the states nuclear power plants, helped facilitate the transaction.

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