In 1983, the Public Service Company of Indiana announced it was abandoning the half-finished nuclear power plant, on which $2.5 billion had already been spent.
Construction at Marble Hill began in 1977 and ended in 1984, when the Public Service Company of Indiana (PSI), now Duke Energy, abandoned the half-finished nuclear power plant.
During 1978 and 1979, regional Ohio Valley environmental advocacy group The Paddlewheel Alliance staged two non-violent "occupations" of the PSI property.
Eventually, PSI announced it had to abandon Marble Hill because of an overwhelming increase in costs and a shortage of funds to finish construction.
[2] In October 1985, PSI staged an auction for roughly $8 million worth of already purchased reactor hardware.
Marble Hill is currently owned by an undisclosed Michigan-based company and under demolition with a contract from MCM Management Corp.