Premium Industrial NewsWestinghouse's Bankruptcy Unlikely to Affect more than $31 Billion in U.S. Nuclear Projects
Westinghouse's Bankruptcy Unlikely to Affect more than $31 Billion in U.S. Nuclear Projects
Industry Segment: Power | Word Count: 604 Words
SUGAR LAND--March 27, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Westinghouse Electric Company, a U.S.-based nuclear power plant developer majority-owned by Toshiba, is hearing proposals for a financing package to help it through a coming bankruptcy, according to Reuters and other sources. Industrial Info is tracking $38.5 billion in active projects involving Westinghouse that could be affected by the bankruptcy, including four nuclear power plants in the U.S. Southeast, the largest nuclear power plant planned in the U.K., and a major project under construction in China.
Within this article: Details on how Westinghouse's bankruptcy could affect projects in the U.S., Europe and China.
Other companies featured: Southern Company (NYSE:SO), SCANA Corporation (NYSE:SCG)
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