Duke to Auction Crystal River Nuclear Plant Tools, Equipment

By August 7, 2014News

Duke Energy Florida (NYSE: DUK) announced today it will sell at auction a wide variety of new and used tools and equipment, ranging from cranes to hand tools, from its retired Crystal River nuclear power plant north of Tampa.

The proceeds from the sale of the assets directly benefit customers by reducing future billing associated with the nuclear plant.

The company contracted with Heritage Global Partners, a professional asset valuation and auctioning services firm based in San Diego, Calif., following a formal request for proposals process to market and auction assets no longer needed at the nuclear plant due to its decommissioning.

Auction details

The public auction will include more than a million individual items and consist of a two-day preview and inspection opportunity followed by a three-day live and webcast auction Sept. 22 – 26, 2014.

  • Individuals or companies may view and inspect the tools and equipment Sept. 22 – 23, 2014, from 9 a.m. to 4 p.m., at the Crystal River Energy Complex located at 15760 W. Power Line St. in Crystal River, Fla. Participants are required to pre-register and submit an access form by 3 p.m. on Sept. 18, 2014.
  • The live auction will occur Sept. 24 – 26, 2014, starting each day at 10 a.m., and consist of a dynamic webcast. Individuals or companies may place bids in real time online or in person in the Magnolia room at the Plantation on Crystal River located at 9301 W. Fort Island Trail in Crystal River, Fla. Online or in-person registration is required for the live auction.

More details about the auction, including registration forms and bidding rules, are available athttp://www.hgpauction.com/auctions/67527/duke-energy-cr3-webcast/.