Nuclear power plant fuel supplier USEC Inc. was cleared on Friday to exit chapter 11 protection, with a new name, Centrus Energy Corp., and significantly smaller than when it sought bankruptcy court protection in March, Dow Jones Daily Bankruptcy Review reported today. Ousted from its role leading the American Centrifuge project in Ohio not long after seeking bankruptcy protection, and no longer in the business of producing fuel, USEC plans to work through its contractual backlog of orders, court papers say.
