Completing the only nuclear construction project in the country will cost an additional $1.1 billion. The expansion at Plant Vogtle, south of Augusta, is already years late and billions over budget.
Southern Company says it wants to have two new nuclear reactors at the plant up and running by November 2021 and 2022, completion dates that are already years behind initial projections.
In their second quarter 2018 earnings call Wednesday morning, company officials just told investors the estimated cost to complete the project jumped from $7.3 billion to $8.4 billion.
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