Private Firm to Revive South Carolina's $9 Billion Nuclear Project

Reported about 19 hours ago

South Carolina's state-owned utility has engaged Brookfield Asset Management to potentially restart a $9 billion nuclear power plant project abandoned eight years ago. The aim is for Brookfield to negotiate the construction of two nuclear plants at the V.C. Summer site, despite significant hurdles including equipment inspections and licensing renewals. While the agreement has sparked hope for recovery from the previous debacle leaving millions affected, critics caution that technical and regulatory challenges could delay or prevent project completion.

Source: YAHOO

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