Entergy Moving Forward With Vermont Yankee Refueling

Today Entergy Corporation ETR communicated to its employees that the company's board of directors voted to approve the fabrication of fuel and the refueling of the Vermont Yankee nuclear power plant in October. This will be the plant's 29th refueling.   While the company has received a 20-year license extension from the Nuclear Regulatory Commission, the state of Vermont has refused to grant a certificate of public good to continue operating beyond March 21, 2012. That issue is currently being litigated before the U.S. District Court for the state of Vermont.