Nuclear Energy Institute

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• First U.S. Nuclear Components Facility to Be Built in Louisiana

  The economic ripples of the nuclear renaissance become a bit more tidal today as Louisiana governor Bobby Jindal announced a joint venture between Westinghouse and the Shaw Group to build the first module fabrication and assembly facility in the U.S.focused on constructing components for new and modified nuclear reactors. Here's some more: In addition to constructing components for new and modified... Posted Aug 28 2008, 10:51 AM by NEI Nuclear Notes Filed under: Westinghouse, New Nuclear Plants, Shaw Group, Louisiana, large component fabrication

• Shaw Group Announces Record Q3 Earnings

  Shaw Group shares popped nearly 10% yesterday after the company announced record third quarter earnings - $53.9 million for the quarter ending in May. Shaw also set quarterly records for revenue ($1.8 billion) and project backlog ($16.4 billion). According to an AP report , Wall Street analysts are bullish, In a note to investors, Citi Investment Research analyst Brian Chin was upbeat on Shaw's... Posted Jul 11 2008, 09:22 AM by NEI Nuclear Notes Filed under: Shaw Group

• SCANA to Build Two New Nuclear Reactors

  SCANA ( SCG ) subsidiary, South Carolina Electric & Gas , announced Tuesday that they had reached a contractual agreement with Westinghouse and the Shaw Group ( SGR ) to design and build two 1,117-megawatt nuclear power plants at the Virgil C. Summer Station near Jenkinsville, SC. The AP 1000 reactors are slated to become operational in 2016. After-hours trading for SCG and SGR was up on Tuesday... Posted May 28 2008, 04:39 PM by NEI Nuclear Notes Filed under: New Nuclear Plant, SCANA, AP1000, VC Summer, Shaw Group