It appears that four power companies will split the $18.5 billion in loan guarantees established by the Obama administration for construction of new power generating reactors in the next few years. Construction of these new reactors by UniStar Nuclear Energy, NRG Energy, Scana Corporation and Southern Company could begin as early as 2011, with the power coming on line in 2015 or 2016. If you are involved in nuclear power plant construction, sharpen your pencils right now and get ready to bid.
Wednesday, June 17, 2009
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