Plan to share best practices cleared by U.S. Department of Justice
While it is not a merger in the traditional financial sense, the new STARS Alliance sought and obtained approval from the U.S. Department of Justice to operate as a limited liability corporation.
The organization is focused on working collaboratively to maximize the strengths and similarities of the seven stations that make up STARS to drive operational, regulatory and financial excellence.
"Our primary focus areas include continued enhancements to safety, increasing efficiency in station operations, performance improvement, sharing operating experience, training and standards. We are focused on initiatives that benefit all member companies,” said STARS Alliance Executive Director Tod Moser.
The STARS Alliance includes Callaway, Comanche Peak, Diablo Canyon, Palo Verde, San Onofre, South Texas Project and Wolf Creek. All seven stations are Westinghouse pressurized water reactors located in NRC Region IV.
The newly formed entity will work to distinguish its identity and presence within the industry in regard to organizational structure, legal composition and flexibility.
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