The Bellefonte nuclear power plant has been sitting on roughly 1,600 acres in northeastern Alabama for about 40 years, but has never generated a flicker of electricity. Now, after more than $5 billion in investments and a long stretch of total inactivity, the site is up for sale at the bargain-basement price of $36.4 million, according to The Washington Post.

Industrial Info’s project database officially listed the Bellefonte plant as “cancelled” earlier this year, although construction more or less stopped in 1988, according to the Post. As designed, the primary unit would have delivered 1,260 megawatts to the grid; two other units had been slated for construction later on, but have been listed as “cancelled” since 2010. The primary unit would have been provided by Babcock & Wilcox, and the next two by Westinghouse. For more information, see Industrial Info’s project reports on the first unit and the next two units.

An official told the Post that he blamed flat energy demand in the region for Bellefonte’s failure. The Tennessee Valley Authority, the nation’s largest federal utility and the plant’s owner, hopes to find a buyer by October, according to the Post.

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