BIRMINGHAM, Ala.—The Tennessee Valley Authority said Wednesday that it is considering whether to sell its unfinished Bellefonte Nuclear Plant, started in 1974 in northeast Alabama and mothballed for the past 28 years without ever producing any electricity.
The federal utility announced it is taking public comments on whether to sell the 1,600-acre site on the Tennessee River near Hollywood, a town of about 1,000 people located 120 miles northeast of Birmingham.
No potential price was mentioned, but TVA said it has spent about $5 billion at Bellefonte.
A purchaser would get two unfinished light-water nuclear reactors dating to the 1970s, transmission equipment, a helicopter landing pad, railroad lines, multiple buildings and parking lots.
Bellefonte could still be used for a nuclear power plant, the utility said, but it could also be used for industrial, commercial or residential developments.
