Entergy buys TLG Services to enhance its decommissioning business

Entergy Corporation has agreed to buy TLG Services Inc. of Bridgewater, CN, in a deal that will make Entergy one of the most experienced companies in decommissioning in the U.S. nuclear industry.

TLG Services, which was originally established in 1982 to pursue decommissioning services within the electric utility industry (primarily nuclear), has performed work for 85% of the commercial nuclear plants in the United States, all nuclear plants in Canada and some facilities overseas. It has also provided consulting services to the Nuclear Energy Institute, U.S. Nuclear Regulatory Commission, U.S. Department of Energy, government contractors, and the non-utility commercial nuclear market, including the medical and health care industry.

TLG has prepared decommissioning engineering and cost studies for 128 nuclear power units and more than 200 fossil-fueled units, and has been asked to provide expert testimony in more than 110 state public utility commission and Federal Energy Regulatory Commission rate cases.

The TLG acquisition further strengthens Entergy's life cycle management services to the nuclear industry. Earlier this summer, Entergy Nuclear and Framatome Technologies signed a Memorandum of Understanding to offer operating license-renewal and life extension services to nuclear power plants in the United States.

The nuclear businesses of Entergy Corporation are headquartered in Jackson, MS. Entergy, a global energy company based in New Orleans, LA, is the third largest power generator in the nation with more than 30,000 megawatts of generating capacity, about $11 billion in revenue and over 2.5 million customers. Entergy's nuclear businesses encompass five power reactors at four locations in Arkansas, Mississippi, and Louisiana, and the corporation is expanding into the competitive power market nationally by purchasing additional nuclear plants. Entergy purchased the Pilgrim Station, Plymouth, MA, in 1999, the first nuclear plant sale in a competitive bidding process, and has agreed to purchase the Indian Point 3, Westchester County, NY and FitzPatrick, Oswego County, NY, plants from the New York Power Authority in 2000. Entergy is also managing decommissioning activities at Maine Yankee, Wiscasset, ME, and Millstone Unit 1, Waterford, CN.

Source: Entergy Corporation
Edited by Kate Goff
Managing Editor, Solid Waste Online