SUGAR LAND, TX--(Marketwired - Aug 5, 2013) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Duke Energy Corporation (NYSE:DUK) (Charlotte, North Carolina) last week cancelled the proposed $24 billion grassroot Levy County Nuclear Power Station in Florida. Duke also began a process to terminate the project's engineering, procurement and construction (EPC) contract with Westinghouse (Monroeville, Pennsylvania) and Chicago Bridge & Iron Company (NYSE:CBI) (Chicago, Illinois). "As a result of delays by the NRC in issuing COLs for new nuclear plants, as well as increased uncertainty in cost recovery caused by recent legislative changes in Florida, Duke Energy will be terminating the EPC agreement for the proposed Levy nuclear project," Duke said in a statement August 1.

Other companies featured: NextEra Energy Incorporated (NYSE:NEE), SCANA Corporation (NYSE:SCG)

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