Southern Co. Cleared To Advance $14B Reactor Project

Law360, New York (August 22, 2012, 6:51 PM EDT) -- Southern Co. unit Georgia Power has received the go-ahead from Georgia regulators for the remainder of its 2012 spending on a $14 billion nuclear plant expansion, the utility said Tuesday.

The Georgia Public Service Commission unanimously approved the spending schedule for the second half of 2012 by Georgia Power, the largest of the four utility companies that comprise Southern Co. The 5-0 vote allows Georgia Power to go forward with construction of two new 1,100-megawatt reactors proposed for the Vogtle Electric Generating Plant in eastern Georgia....
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