Duke Cancels Levy Nuclear Project After Delaying Harris Nuclear Project, an Industrial Info News Alert

Duke Cancels Levy Nuclear Project After Delaying Harris Nuclear Project, an 
Industrial Info News Alert 
SUGAR LAND, TX -- (Marketwired) -- 08/05/13 --  Written by John Egan
for Industrial Info Resources (Sugar Land, Texas) -- Duke Energy
Corporation (NYSE:DUK) (Charlotte, North Carolina) last week
cancelled the proposed $24 billion grassroot Levy County Nuclear
Power Station in Florida. Duke also began a process to terminate the
project's engineering, procurement and construction (EPC) contract
with Westinghouse (Monroeville, Pennsylvania) and Chicago Bridge &
Iron Company (NYSE:CBI) (Chicago, Illinois). "As a result of delays
by the NRC in issuing COLs for new nuclear plants, as well as
increased uncertainty in cost recovery caused by recent legislative
changes in Florida, Duke Energy will be terminating the EPC agreement
for the proposed Levy nuclear project," Duke said in a statement
August 1. 
Other companies featured: NextEra Energy Incorporated (NYSE:NEE),
SCANA Corporation (NYSE:SCG) 
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