June 28, 2017
Mississippi Power Co., a unit of Atlanta-based Southern Co., said Wednesday that it could lose another $3.4 billion from the Kemper County power plant if it can't reach a settlement with regulators. Shareholders have already lost $3.1 billion on the $7.5 billion plant. Photo courtesy Mississippi Power
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Mississippi Utility Will Stop Efforts to Complete Coal Plant
A Mississippi utility, faced with a regulatory ultimatum, said Wednesday that it will suspend efforts to complete a first-of-its-kind coal-fueled power plant.
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