Alstom May Halt Slovene Coal Project

Reuters reported that Alstom (EPA:ALO) said it may stop construction of a coal power plant in Slovenia if financing is not secured in time.

As quoted in the market news:

The construction of the power plant, worth about 1.3 billion euros ($1.7 billion), started in February this year and TES said the costs of halting the project would amount to between 100 and 300 million euros.

Click here to read the full Reuters report.