TVA Completes Sale of Bellefonte Nuclear Site

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Concentric Energy Advisors, Inc. is pleased to announce that its client, the Tennessee Valley Authority, announced today the sale of the 1,400 acre Bellefonte property near Hollywood, Alabama to Nuclear Development, LLC for the purchase price of $111 million.

Concentric served as the exclusive financial advisor and auction manager to TVA and marketed the property to more than 500 potential buyers.

Contact John Reed and Caroline O’Neill for further details.

 

 

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