Posts

vogtle, 3:28:19

Federal aid for Plant Vogtle doesn’t ease fallout for halted S.C. sister project

The very low interest rates provided in a federal loan guarantee to Georgia’s Plant Vogtle nuclear plant ease the project’s financing and cost pressures. But the nightmares around a shuttered sister plant in South Carolina continue for those caught up in the bankruptcy of the former contractor for both plants, Westinghouse Electric Co., according to federal court records.

Mr. Burns in Alabama: a story for our times

Amid all the other big news swirling around President Donald Trump’s former attorney, Michael Cohen, the revelation that a Chattanooga developer offered him $10 million to secure government loans for his late-life project didn’t attract much national attention. But it’s a story for our times.