TVA seeks environmental comment on nuclear plant sale

By The Associated Press

The Tennessee Valley Authority is seeking public comment on the environmental impact of selling an unfinished nuclear plant to a company that will make it operational.

 

HOLLYWOOD, Ala. (AP) — The Tennessee Valley Authority is seeking public comment on the environmental impact of selling an unfinished nuclear plant to a company that will make it operational.

TVA announced Friday that it was seeking comment through May 1 on the plans.

Nuclear Development, LLC in November bid $111 million for the unfinished Bellefonte property in Jackson County.

The development company plans to spend as much as $13 billion to make the nuclear generator operational.

The company — formed by Tennessee businessman Franklin L. Haney and based in Washington, D.C. — has said it had been interested for years in finishing the plant.

TVA began construction of Bellefonte in the 1970's, but the project was never completed.

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