BRIEF-Georgia Power to continue Vogtle nuclear project construction [Reuters]
Georgia Power Company Series 2017A 5.00% Junior Subordinated Notes due October 1, 2077 (GPJA)
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Source: Reuters
BRIEF-Georgia Power to continue Vogtle nuclear project construction | Reuters Reuters Staff 2 Min Read Nov 6 (Reuters) - Georgia Power: * Georgia Power and the other owners of the Vogtle 3 & 4 project (Oglethorpe Power, MEAG Power and Dalton Utilities) on Monday presented their unified recommendation to continue construction of the project to the Georgia Public Service Commission (PSC) * Georgia Power filed the recommendation to move forward with the Georgia PSC on August 31 as part of the 17th Vogtle Construction Monitoring (VCM) Report. * The recommendation was supported by all of the Owners and based on the results of a comprehensive schedule, cost-to-complete and cancellation assessment which was launched following the bankruptcy of the plant’s designer Westinghouse in March * The Georgia PSC is expected to review the recommendation and make a decision regarding the future of the Vogtle 3 & 4 project as part of the 17th Vogtle Construction Monitoring (VCM) proceeding The Vogtle pr
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