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GE Inks $1.2B Deals With Iraq To Improve Country's Power Infrastructure
Thursday, August 20, 2020 - 4:27am | 296Read More...General Electric Company (NYSE: GE) announced Wednesday it had signed two agreements with the Iraqi Ministry of Electricity worth $1.2 billion to bolster and maintain the middle-eastern country’s electric infrastructure. What Happened: The two agreements will cover the maintenance of...
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$9 Billion Later, US Abandons 2 Nuclear Facilities Only 40% Complete
Tuesday, August 1, 2017 - 3:06pm | 410Read More...Many people are questioning what role, if any, nuclear power will play in the future of the United States. SCANA Corporation (NYSE: SCG)'s subsidiary, South Carolina Electric & Gas Company, confirmed Monday it will cease construction of two new nuclear units at the V.C. Summer Nuclear Station...
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Southern Group's and Shaw's Headache Equals Buying Opportunity
Thursday, September 23, 2010 - 3:15pm | 173Read More...Winning a Department of Energy loan guarantee, worth $8.3 billion, utility Southern Company (NYSE: SO) and heavy construction firm Shaw Group (NASDAQ: SHAW) have begun construction on the United States first nuclear reactor since the 1970's. While this is bullish news for the worldwide nuclear...
