sell-down

— Furthermore, a sell-down of Millstone 3 interests by NU would have denied to consumers in the CL&P service area "forever" the low cost benefits of base load nuclear power, increased the Companies' dependency on oil-fired generation which would have conflicted with the national policy on oil conservation, and forced NU to raise capital to replace the Millstone 3 capacity with another source of capacity in the post-19886 period.