Toshiba to pay to ensure construction of US reactors

Toshiba will contribute Us$3.68bn to continue building two nuclear reactors in Georgia, US, to enable the completion of the Vogtle plant. The project was started by the Japanese conglomerate’s nuclear unit, Westinghouse, which is now bankrupt. Toshiba said it has reached an agreement with Georgia Power to begin payments from October to January 2021 to complete the plant.

CARRYING ON THE WORK Georgia Power has taken over the Vogtle nuclear plant’s project management from Westinghouse, which filed for bankruptcy in March