UPDATE 1-NRG, San Antonio in nuclear stand-off | Markets | US Markets | Reuters - 0 views
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Energy Net on 18 Jan 10"A meeting between feuding officials of NRG Energy (NRG.N: Quote, Profile, Research) and the San Antonio municipal electric utility ended abruptly on Monday with no resolution on the future of a $10 billion proposed expansion of Texas' largest nuclear facility. An NRG spokesman said later that the parties will meet again on Tuesday. San Antonio Mayor Julian Castro last week invited the partners to negotiate a settlement to avoid a lengthy court battle scheduled later in January between NRG, its nuclear development arm and CPS Energy which is backing off a plan to invest in two new 1,350-megawatt reactors due to rising cost projections."