Make us your home page
Instagram

After Duke Energy seeks $54 million, Westinghouse responds with $512 million lawsuit

As widely expected, Westinghouse Electric Co. filed a $512 million lawsuit against Duke Energy over the cancellation of the Levy County nuclear project.

In its complaint, Westinghouse states that Duke benefited from design and engineering work for which the utility refuses to pay.

The lawsuit, filed in U.S. District Court in Pennsylvania late Monday, came after Duke sued Westinghouse last week over the contract for the Levy nuclear plant – a proposed $24.7 billion project the utility canceled last August.

In its suit, Duke denied owing Westinghouse any money. The utility filed a claim for a refund of $54.1 million from Westinghouse for services that were never performed.

In Florida, Duke Energy customers already are paying $1.5 billion in their electric rates for the Levy project, though they will never see a kilowatt of power from the two reactors proposed at that site. If Westinghouse wins the case, it's not exactly clear who would end up paying the bill. Customers or shareholders, or a combination of the two, might have to pony up.

Westinghouse and Duke have declined to comment citing the pending litigation.

After Duke Energy seeks $54 million, Westinghouse responds with $512 million lawsuit 04/02/14 [Last modified: Wednesday, April 2, 2014 6:56pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Unexpected weak quarter at MarineMax slashes boating retailer shares by 20 percent

    Business

    CLEARWATER — Just then you thought it was safe to go back into the water, a boating business leader issued a small craft warning.

    Bill McGill Jr., CEO of Clearwater's MarineMax, the country's biggest recreational boat retailer. [Courtesy of MarineMax]
  2. CapTrust moving headquarters to downtown Park Tower

    Corporate

    TAMPA — CAPTRUST Advisors, a Raleigh, N.C.-based investment consulting firm, is moving its Tampa offices into Park Tower. CapTrust's new space will be 10,500 square feet — the entirety of the 18th floor of the downtown building, which is scheduled to undergo a multi-million-dollar renovation by 2018.

    CAPTRUST Advisors' Tampa location is moving into Park Tower. Pictured is the current CapTrust location at 102 W. Whiting St. | [Times file photo]
  3. Good news: Tampa Bay no longer a major foreclosure capital of the country

    Real Estate

    Once in the top five nationally for foreclosure filings, the Tampa Bay area no longer makes even the top 25.

    A few short years ago, Tampa Bay was a national hub for foreclosures. Not any more. [Getty Images/iStockphoto]
  4. Tampa-based start-up takes on Airbnb by promoting inclusion, diversity

    Tourism

    NEW TAMPA — Last May, Rohan Gilkes attempted to book a property in Idaho on the home-sharing platform Airbnb. After two failed attempts, the African-American entrepreneur asked a white friend to try, and she was "instantly" approved for the same property and dates.

    Rohan Gilkes poses for a portrait at his home and business headquarters in Tampa. 

Innclusive, a Tampa-based start-up, is a home-sharing platform that focuses on providing a positive traveling experience for minorities. Rohan Gilkes, the founder, said he created the organization after several negative experiences with Airbnb.
[CHARLIE KAIJO   |   Times]

  5. McMansions, state sewage order on tap at St. Petersburg City Council

    Local Government

    ST. PETERSBURG — The City Council is set Thursday to vote on two major issues: controversial zoning changes aimed at curbing big McMansion-style homes and a consent order with the state that will require St. Petersburg to fix its ailing sewage system.

    Two big, blocky homes on the 2300 block of Dartmouth, Ave N under construction in April. Several new homes under construction.
in St. Petersburg's Historic Kenwood Neighborhood are too big, residents complain. The St. Petersburg City Council on Thursday is set to consider ordinances aimed at curbing the construction of big "McMansions." [LARA CERRI   |   Times]