Thursday, April 17, 2008

AECL mucks TransCanada

Yes, poor old TC has had to cough up more bucks to cover AECL difficulties. This press release does a wonderful job of sugar coating everything, but anybody can read between the lines.

The steam generators are perfect, the turbines are fabulous, but the retubing is a mess. Of course, they have learned from their mistakes, yada, yada.

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