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.



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