ABOUT HOLTEC

2.ABOUT HOLTEC PAGE_holtec_104
Holtec’s plan calls for completion of major decommissioning activities by the mid-2030s.

Together, Holtec and their partner company teams have a combined 60 years of experience in decommissioning work, nuclear fuel handling and site remediation.

Holtec has contracted with Comprehensive Decommissioning International, LLC (CDI) to perform the decommissioning, including demolition and site cleanup. CDI is a joint venture company of Holtec International and SNC-Lavalin. The decommissioning experience of Holtec and SNC-Lavalin gives CDI more than half a century of managing complex nuclear projects in the commercial and government sectors worldwide. 

Holtec has the financial and technical expertise to perform decommissioning safely. The company previously received approvals from the U.S. Nuclear Regulatory Commission to purchase the Oyster Creek Nuclear Generating Station (New Jersey) and the Pilgrim Nuclear Power Station (Mass.) for prompt decommissioning. CDI is currently performing the decommissioning work at Oyster Creek and Pilgrim.

Holtec plans to initiate decommissioning at Indian Point promptly following regulatory approvals and transaction close, and it expects to complete major decommissioning activities and release the site (with the exception of the ISFSI) for re-use by the 2030s, as much as 40 years sooner than if Entergy continued to own the facility.