SOURCE: Industrial Info Resources

Industrial Info Resources

April 06, 2012 06:20 ET

Progress Energy Sticks With Levy Nuclear Plant, Despite Low Gas Prices and Rising Construction Costs, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Apr 6, 2012) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Progress Energy Florida (St. Petersburg, Florida), a unit of Progress Energy Incorporated (NYSE:PGN) Raleigh, North Carolina), remains committed to constructing the two-unit Levy County Nuclear Power Station, despite historically low natural gas prices and spiraling costs for new-build nuclear construction.

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