Earlier this summer, the Japanese company Toshiba promised to pay more than $6 billion to Georgia utilities. One of those utilities said on Thursday it’s not sure the company will survive, let alone make the payments.
And without the payments, a nuclear power expansion project will be on even shakier ground than it is already.
In a filing with the U.S. Securities and Exchange Commission, Oglethorpe Power Corporation said it has doubts “about Toshiba’s ability to continue as a going concern.”
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