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Post by Logan on Apr 8, 2017 0:27:35 GMT -6
Mississippi Power: Another Month, Another $99M for Kemper County power plantJACKSON, Miss. (AP) — Mississippi Power Co. says it needs one more month and another $99 million to finish its $7.2 billion Kemper County power plant. The subsidiary of Atlanta-based Southern Co. said in a stock filing Monday that it has finished repairs from a March tubing leak. The company aims to have the plant fully running by April 30, completing work more than three years behind schedule. Mississippi Power says it will absorb $70.2 million in additional costs announced Monday, while customers could be asked to pay $28.6 million. Overall, customers could be asked to pay $4.3 billion for Kemper. Southern shareholders have taken $2.8 billion in losses. Read more: www.jacksonfreepress.com/news/2017/apr/04/mississippi-power-another-month-another-99m-kemper/
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