Westinghouse Electric Co. filed suit last week to prevent the Georgia Power Co. from terminating its contract to continue construction of two nuclear units at Plant Vogtle near Waynesboro. But Georgia Power says that Westinghouse’s bankruptcy filing earlier this year showed it had abandoned the Vogtle project, which voided its contract.
The news comes the same week as the Department of Energy announced that it would be providing loan guarantees for up to $3.7 billion in support of the Vogtle project. Georgia Power is slated to received $1.67 billion, Oglethorpe Power Corporation $1.6 billion and $415 million to the Municipal Electric Authority of Georgia. These are in addition to previous loans totaling $8.3 billion to the same entities.
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