Nearly 47 years after being issued construction permits for two reactors at the Bellefonte site in northeast Alabama, the Tennessee Valley Authority has decided against renewing them, essentially extinguishing any remaining hope for the project, on which the utility has reportedly spent more than $5 billion.

A federal court last week sided with the Tennessee Valley Authority in its legal dispute with Nuclear Development LLC over the proposed sale of the unfinished Bellefonte nuclear power plant. The court, however, also ordered the utility to refund millions to Nuclear Development over the aborted transaction.