Articles in regional publications that pertain to a wide range of North Carolina-related topics.
Financing Cleared for EMCs’ Purchase of Share in Power Plant
Record #:
31504
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Abstract:
North Carolina’s Electric Membership Corporations are preparing to purchase a share of the Duke Power Company’s Catawba Nuclear Station in the wake of a decision by the Rural Electrification Administration to guarantee financing for the project. After three decades of negotiation, this represents the first step toward establishing a comprehensive power supply program for the state’s rural electric program.
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