Westinghouse Electric has $400 Million Nuclear Fuel Deal

Summary


Westinghouse Electric Co. said today it has reached a long-term agreement worth more than $400 million to provide nuclear fuel fabrication services for South Carolina Electric & Gas Co.'s V.C. Summer power plant.

Under the contract, Westinghouse will provide the fuel fabrication services for the existing reactor, as well as for two new Westinghouse AP1000 nuclear power plants that are in the early stages of construction. The first delivery is scheduled for next year, and the contract runs through 2033, Westinghouse said.

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Westinghouse Electric has $400 Million Nuclear Fuel Deal

The agreement is co...

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