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Article: Shaw and Westinghouse Sign Landmark EPC Contract for New Nuclear Power Generation.
- Article from:
- Business Wire
- Article date:
- April 8, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BATON ROUGE, La. -- The Shaw Group Inc. (NYSE: SGR) announced today that the Nuclear Division of its Power Group and Westinghouse Electric Company, its AP1000[TM] nuclear power plant consortium partner, have been awarded an engineering, procurement and construction (EPC) contract by Georgia Power Company, a subsidiary of Southern Company (NYSE: SO), for two Westinghouse AP1000 nuclear power units and related facilities. The AP1000 units each have an electric generating capacity of 1,100 megawatts and would be constructed at the existing Vogtle Electric Generating Plant site near Augusta, Ga.
The terms of the EPC contract are currently part of a confidential and ...