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Canceling Georgia nuclear plant could cost owners billions
Would lead to immediate loan repayment to feds
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This June 13, 2014, file photo, shows construction on a new nuclear reactor at Plant Vogtle power plant in Waynesboro, Ga. A group of Georgia lawmakers wants a “cost cap” in the construction of a nuclear power plant near Augusta to protect blown budgets from being passed on to consumers. Two reactors being built at Plant Vogtle are billions of dollars over budget. - photo by Associated Press
ATLANTA — The federal government is warning the owners of a troubled nuclear power plant in Georgia that any move to cancel a planned expansion would lead to demands for quick repayment of nearly $6 billion in federal loans.
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