Toshiba has made its first payment to a group of Georgia utilities. The Japanese electronics company promised to pay more than $3 billion dollars to the companies building two nuclear reactors in Georgia, after a subsidiary of Toshiba that had been the project’s lead construction contractor went bankrupt.
The $300 million payment is the second piece of good news recently for the beleaguered nuclear power expansion project. Plant Vogtle, which is near Waynesboro, is the only nuclear construction project in the country.
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