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Press Mention WSAV May 14, 2012

SACE Referenced Web article

Environmental Groups: Plant Vogtle Reactors Almost One Billion Over Budget

In this mention

Nine national environmental groups, including the Southern Alliance for Clean Energy, filed suit challenging cost overruns at Plant Vogtle's two new nuclear reactors near Waynesboro, Georgia. The groups claim Southern Company has concealed $900 million in cost overruns and design changes from ratepayers and taxpayers backing federal loan guarantees. Southern Company disputes the figures and maintains the project remains on budget and schedule.

the information given to the SEC indicates we're talking about a lot of money, $900 million dollars so far and for Southern Company to just say don't worry, we're still going to be on budget doesn't make a lot of sense

SACE
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