Texas Nuclear Plant Project May Be Near Meltdown

Law360, New York (February 2, 2010, 3:21 PM EST) -- A Texas judge has ruled that San Antonio's electric utility has the right to walk away from a proposed development with energy company NRG Inc. to build two new nuclear reactors, potentially putting the project at risk.

Judge Larry Noll of the District Court of Bexar County, Texas, ruled Friday that CPS Energy, the energy utility for San Antonio, can pull out of the development of units three and four of the South Texas Nuclear Plant Project without sacrificing its investment or the rights to the...
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