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[Vanillalite]

http://www.prnewswire.com/news-releases/georgia-power-finalizes-new-service-agreement-for-vogtle-nuclear-expansion-300495952.html

ATLANTA, July 28, 2017 /PRNewswire/ -- Georgia Power has finalized a new service agreement with Westinghouse for the Vogtle nuclear expansion – the first new nuclear units to be built in the United States in more than 30 years. Previously, Westinghouse, the developer of the AP1000 nuclear technology being used by the new units, served as the primary contractor with oversight and responsibility for all construction activities. Under the new service agreement, approved by the U.S. Department of Energy on July 27, Southern Nuclear (the Southern Company subsidiary which operates the existing units at Plant Vogtle) will oversee construction activities at the site.

The scope of the service agreement includes engineering, procurement and licensing support from Westinghouse, as well as access to Westinghouse intellectual property needed for the project. Under the new structure, hundreds of Georgia Power and Southern Nuclear employees, many who are already aligned with the project, will assume clearly defined project management roles.

Georgia Power also continues work with the project's Co-owners (Oglethorpe Power, MEAG Power and Dalton Utilities) to complete a full-scale schedule and cost-to-complete analysis of the project. Once complete, Georgia Power will work with the Georgia Public Service Commission to determine the best path forward for customers.

This was pretty much a given to happen. The question still remains if the project will remain solvent and if it'll be worth it for customers so that the co-owners should decide to finish the project.