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CPS Energy reconfirms it will protect San Antonio’s share of proposed STP Units 3&4
By CPS Energy on March 28, 2014
Email Text Only VersionRepresentatives from Toshiba American Nuclear Energy recently visited with CPS Energy generation leadership to discuss the status of the proposed South Texas Project Units 3 & 4.
CPS Energy has suspended its portion of the project funding since 2009, but retains a 7.65 percent share.
“We owe it to our community to continue monitoring the progress of the project in order to protect the $400M already invested,” said CEO Doyle Beneby.
Both parties agreed to continue monitoring and evaluating the Texas energy market through the fall, then meet again to reevaluate the project’s status.
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