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Seamon Whiteside

Westinghouse Electric Company

Westinghouse Loans Put Nuclear Reactor Construction At Risk

by GroundBreak Staff on April 28, 2017

According to Reuters, the owners of one of the first new U.S. nuclear power plants in decades said the half-finished reactors might not be completed without changes to a proposed $800 million loan to the bankrupt builder, Westinghouse Electric Co LLC. A unit of Toshiba Corp, Westinghouse has asked a U.S. bankruptcy judge in Manhattan…

Topics: Power / Energy
Georiga Power, SCANA, Westinghouse Electric Company

Westinghouse and SCANA Corp. Receive DRB Milestone Determination

by GroundBreak Staff on December 6, 2016

Westinghouse Electric Company and South Carolina Electric & Gas Company (SCE&G), the principal subsidiary of SCANA Corporation (NYSE: SCG), have received the Dispute Resolution Board’s (DRB) decision on the construction milestone payment schedule for the two nuclear construction projects at V.C. Summer Station in Jenkinsville, S.C. Following a hearing on Nov. 9, Westinghouse submitted its…

Topics: Power / Energy
SCANA, South Carolina Electric & Gas Company (SCE&G), VC Summer, Westinghouse Electric Company

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