On April 30, 2012, Duke Energy Indiana, the Indiana Office of Utility Consumer Counselor, Nucor Steel, and a group of Duke industrial customers announced they had reached a settlement in the pending regulatory review of the nearly $1.3 billion in cost overruns at Duke's Edwardsport IGCC plant. Under the terms of the agreement, Duke is guaranteed to recover $2.595 billion of the $3.3 billion of construction and financing costs, in addition to certain financing costs and expenses already being recovered from ratepayers.
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