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Ga. Nuclear Plant Could Cost $8B To Finish, Commission Says

Law360, New York (February 17, 2015, 4:56 PM EST) -- A Southern Co. subsidiary's $14 billion construction project involving the first nuclear power plant reactors to be built in the U.S. in decades could cost $8 billion to complete after potential delays of almost 3 years, according to Georgia Public Service Commission documents obtained by Law360 on Tuesday.

Work on two new reactors at Plant Vogtle, a nuclear facility southeast of Augusta, Georgia, operated by Georgia Power Co., is expected to exceed initial cost estimates because of numerous missed project deadlines.

The new reactors at the...
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