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The News That Matters about the Nuclear Industry

Utility not sure it can finish Vogtle plant, which was being built by bankrupt Westinghouse Electric

Southern Seeks $3.7 Billion From Toshiba for Georgia Nuclear Plant https://www.wsj.com/articles/southern-seeks-3-7-billion-from-toshiba-for-georgia-nuclear-plant-1493829606

Utility not sure it can finish Vogtle plant, which was being built by bankrupt Westinghouse Electric By Russell Gold May 3, 2017 The chief executive of Southern Co. on Wednesday said the utility will need $3.7 billion and cooperation from Toshiba Corp. to complete a nuclear power plant in Georgia that was being built by bankrupt Toshiba unit Westinghouse Electric Co.

But even if it obtains those commitments, Southern isn’t sure it can finish the half-built Georgia reactors, Thomas A. Fanning, Southern’s chairman and chief executive, said in an interview with… (subscribers only) 

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May 5, 2017 - Posted by | business and costs, USA

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