Argentina's Atucha 2 nuclear reactor set to go online in June

Argentina’s third nuclear reactor is expected to begin producing electricity in June, a development that has been decades in the making, The Wall Street Journal reports.

Work on the 745 MW Siemens (NYSE: SI)-designed pressurized heavy-water reactor began in 1981, but the project was mothballed in 1994 after running short of funds. In 2006, work began anew as part of a $3.5 billion strategic plan for the country’s nuclear development.

Argentina’s two currently operating reactors, Atucha 1 and Embalse, generated about 5 percent of the country’s electricity in 2011.

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