Sharing Nostalgic Photos in Honor of NEI’s 60th

Last week, blogger Will Davis (@atomicnews) honored NEI’s 60th anniversary by sharing a handful of historical photos from the time of our founding.

NEI was founded on April 10, 1953 as the Atomic Industrial Forum (AIF) to serve the nation in the “development of atomic energy for constructive purposes.”

Will was gracious enough to tweet out photos of AIF artifacts from the 1950s, including a membership roster and cover of the Forum Memo magazine. Take a look at the photos below.

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Fluor Invests in NuScale

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Wednesday Update

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Some positive signs that nuclear utilities can continue to receive positive ratings even while they finance new nuclear plants for the first time in decades: Wells Fargo upgrades SCANA to Outperform from Market Perform Wells analyst says, "YTD, SCG shares have underperformed the Regulated Electrics (total return +2% vs. +9%). Shares trade at 11.3X our 10E EPS, a modest discount to the peer group median of 11.8X. We view the valuation as attractive given a comparatively constructive regulatory environment and potential for above-average long-term EPS growth prospects ... Comfortable with Nuclear Strategy. SCG plans to participate in the development of two regulated nuclear units at a cost of $6.3B, raising legitimate concerns regarding financing and construction. We have carefully considered the risks and are comfortable with SCG’s strategy based on a highly constructive political & regulatory environment, manageable financing needs stretched out over 10 years, strong partners...

NEI Nuclear Notes

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