Bids Open On Unfinished Nuclear Plant

Bids opened today on an unfinished nuclear power plant in Jackson County. The Tennessee Valley set a minimum bid of $36.4 million for Bellefonte Nuclear Plant and the 1,600 surrounding acres of waterfront property on the Tennessee River. The buyer also gets two unfinished nuclear reactors, transmission lines, office and warehouse buildings, eight miles of roads, a 1,000-space parking lot and more. TVA officials have spent four decades and $5 billion on the unfinished nuclear plant. Nevada-based Phoenix Energy has publicly expressed interest in the site with plans to use it for alternative energy.


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