CPS Energy reconfirms it will protect San Antonio’s share of proposed STP Units 3&4

Representatives 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.

Tracy Idell Hamilton

Tracy Idell Hamilton manages CPS Energy's blog, among other duties. A former energy reporter for the San Antonio Express-News, Hamilton joined CPS Energy in September 2012.

Leave a Reply

Your email address will not be published. Required fields are marked *