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Japanese utility buys stake in Texan nuclear power projects Free

12 May 2010
BusinessWeek: Tokyo Electric Power Co has bought a 9.2% stake in a project to build two 1.4 GW reactors in Texas. Called Nuclear Innovation, the reactor project began life a joint venture between NRG Energy Inc, which is based in Princeton, New Jersey, and Toshiba Corp, which is based in Tokyo. The reactors are expected to begin generating power in 2016 and 2017.

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