Entergy losses $151.7M in first quarter due to Vermont plant
by Associated Press Published: April 26,2012
Tags: accounting, electricity, energy, loss, net loss, nuclear, plant, power, power distribution, power generation, publicly traded company, utilities
NEW ORLEANS — Power provider Entergy Corp. posted a first-quarter loss after taking an accounting loss on its Vermont Yankee nuclear plant and expenses from the pending spinoff of its electric transmission business. For the January-through-March period, New Orleans-based Entergy said it lost $151.7 million, or 86 cents per share, on revenue of $2.38 billion. [...] [...]
