The story
The selection of the site for Palo Verde was controversial. Critics claim that the site was not the first choice because it was in the middle of the desert, it had little or no water supply, and it had prevailing westerly winds. These would have put the Phoenix-Mesa metropolitan area into jeopardy in the event of a major accident. Critics claimed that the site was selected over alternatives because it was owned by a relative of Keith Turley, a person who received almost two million dollars for the land. Keith Turley was the president of APS, and also a member of the "Phoenix 40".
Units 1 and 2 went into commercial operation in 1986 and Unit 3 in 1988.
On November 18, 2005, the U.S. Nuclear Regulatory Commission announced approval of power up-rates at two of Palo Verde's reactors. According to the NRC press release, "The power up-rates at each unit, located near Phoenix, Arizona, increases the net generating capacity of the reactors from 1,270 to 1,313, and 1,317 megawatts of electric power respectively, for Units 1 and 3.
On April 21, 2011, the NRC renewed the operating licenses for Palo Verde's three reactors, extending their service lives from forty to sixty years.
From Wikipedia’s article on Palo Verde Nuclear Generating Station, shared under CC BY-SA 4.0.3
