Writedowns News
NRG to write down South Texas nuclear investment
Blaming uncertainties arising from the nuclear crisis in Japan, NRG Energy says it will write down its $481 million investment in two planned new nuclear reactors in South Texas.NRG Chief Executive David Crane said Tuesday it was unlikely the two reactors could be completed in a timely fashion.Support for new nuclear projects in the US has eroded in the aftermath of the nuclear crisis in Japan, according
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