Entergy Announces Second Nuclear Plant Closure, Reports $723 Million Loss for Third Quarter

SUGAR LAND--November 3, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Citing poor economic and market conditions, Entergy Corporation (NYSE:ETR) (New Orleans, Louisiana) said it plans to close the James A. FitzPatrick Nuclear Power Plant in New York in late 2016 or early 2017. In October, the power utility and wholesale energy company said it planned to close a nuclear plant in Massachusetts. Entergy reported a $723 million loss for third-quarter 2015, including asset impairment charges from the two planned closures. Industrial Info is tracking 97 active Entergy projects worth $4.34 billion. Within this article: Details on Entergy's quarter and projects, including its decision to close the James A. FitzPatrick Nuclear Power Plant in New York; the closure other facilities in Massachusetts and Vermont; and plans to close another in Rhode Island.