Follow Us

Tag Archive: Southern Company

After $100,000 inaugural donation, nuclear deal gets closer

by

Energy Secretary Chu at the Vogtle nuclear power plant site

It turns out there was a good reason, The Nation points out, that we reported extensively on the donors behind President Obama's second presidential inauguration. One of the corporate donors, Southern Company, is expecting a big benefit from the administration. 

An executive with the Atlanta-based utility said last week that the company expects to finalize its long-awaited $8.3 billion loan guarantee from the administration by the middle of the year to help it build a new nuclear power plant with two reactors, the Wall Street Journal reported. The historic loan approval was made in 2010 -- to the ire ...

Continue reading
Share This:

CFC (Combined Federal Campaign) Today 59063

Charity Navigator