Friday, October 23, 2015

$400 million insurance settlement for San Onofre outages

$400 million insurance settlement for San Onofre outages
The owners of the San Onofre Nuclear Generating Station in the USA have reached a $400 million settlement with Nuclear Electric Insurance Limited for outages caused by the failures of replacement steam generators. Pedro Pizarro, president of Southern California Edison, majority owner of the San Onofre plant, said yesterday that the settlement appropriately resolves the plant owners' claims.http://www.world-nuclear-news.org/C-400-million-insurance-settlement-for-San-Onofre-outages-23101501.html

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