Other People’s Money: Is TVA’s Watts Bar/Bellefonte Swap Creative Financing or Avoiding the Inevitable Debt Fight?
September 26, 2011, 6:00AMANS Nuclear Cafe
The Tennessee Valley Authority wants to build a new nuclear plant at its Bellefonte site in Alabama. Given last month's positive board meeting, it's a foregone conclusion that the Bellefonte plant will be resurrected from its living death as a parts plant for other TVA projects.