Entergy: Closing Due to Financial Concerns. Will Attempt to Move Employees Elsewhere in the Company.

Entergy, the owner of Indian Point, which agreed with Governor Andrew Cuomo and signed an agreement to close within four years this past weekend, has issued this statement, which was distributed by the Westchester County Association: Yesterday, we announced that after more than four decades of Indian Point providing New York State with clean, safe and reliable electricity, we have reached a settlement with New York State. Under the settlement, the State will end its legal challenges, issue the necessary permits and certifications and support the renewal of the operating licenses for the Indian Point Energy Center.