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) For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/news/abstract.jsp?newsitemID=237242&refer=mw, or browse other breaking industrial news stories at www.industrialinfo.com. Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle(TM), provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page. Contact: Joe Govreau 713-783-5147
Duke Cancels Levy Nuclear Project After Delaying Harris Nuclear Project, an Industrial Info News Alert
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