U.S. Nuclear Regulatory Commission Approves Arizona and New Mexico Utility Companies' Application for Partial Transfer of Palo Verde Nuclear Generating Station License

Summary

The U.S. Nuclear Regulatory Commission (NRC) has approved an application by Arizona Public Service Company (APS) and Public Service Company of New Mexico (PNM) to transfer ownership of a portion of the Palo Verde Nuclear Generating Station's license to Salt River Project Agricultural Improvement and Power District (SRP). The transfer involves a 7.93% share of Palo Verde Unit 1 and a 0.79% share of Palo Verde Unit 2, with no changes to the facility's operations.