FPL to buy Seabrook

5 May 2002

Under the terms of the agreement, FPL will acquire an 88.2% interest in Seabrook for a total of $836.6 million. This includes $749.1 million for the plant and its decommissioning trust fund; $61.9 million for nuclear fuel; and $25.6 million for components from the partially completed unit 2. FPL is hoping to complete the acquisition by the end of 2002. The deal is subject to approval from federal and state regulatory agencies.

Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.