Holtec Nuclear Corporation files to become publicly traded

NEW YORK, NY (WKZO AM/FM) – Holtec Nuclear Corporation has filed paperwork to be publicly traded on the U.S. stock market.

The company owns the Palisades nuclear power plant in Covert Township and is working to get that facility restarted after purchasing it to dismantle it in 2022.

Holtec has filed with the U.S. Securities and Exchange Commission to start the process of an initial public offering.

Palisades will be the first nuclear plant in the U.S. to be restarted after being decommissioned.