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Vogtle nuclear power station in Georgia, only half completed, and 7 years behind schedule

Saporta Report 24th May 2018, A new report on the construction status of the Vogtle nuclear plant,
released Wednesday by Moody’s Investors Service, provides greater detail
than a May 10 statement released by Georgia Power and cites a number of
risks that could further delay the plant’s opening date. Moody’s report
addresses a list of frequently asked questions about the Vogtle project as
it relates to MEAG, the Municipal Electric Authority. MEAG is a partner in
the Vogtle project, along with Georgia Power, Oglethorpe Power Corp., and
the City of Dalton Combined Utility. The first sentence of Moody’s report
observes: “Construction is progressing on the Vogtle Nuclear Units 3 and
4 in Georgia, offering additional credit stability to the owners of the
units, though the work is still only around 50 percent completed and is
several years behind the original schedule.”

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May 28, 2018 - Posted by | business and costs, USA

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