I doubt that we will ever see the $400 million the ratepayers have already put into this money pit.
CPS Energy and its nuclear-expansion partner were scheduled to face off in a Bexar County courtroom for the first time Wednesday over the $32 billion lawsuit spawned by their now-faltering deal.
Wednesday's hearing in district court likely would be limited to setting dates for more sessions in January, when the partners will begin arguments in what has become an increasingly nasty legal battle.
Both sides ratcheted up the rhetoric Monday with another round of filings.
CPS Energy alleged its partner, Nuclear Innovation North America, lied to CPS to “induce” it to participate in the project, and then undertook a “campaign of media misinformation, public threats and disclosure of confidential Project information ... to endanger CPS Energy's ability to continue in the project.”
The utility sought $32 billion in actual and punitive damages from its partner.
“I think it's an appropriate response,” CPS Energy acting General Manager Jelynne LeBlanc-Burley said Tuesday. “We're trying to protect the resources of CPS and protect ratepayers.”
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