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Interest during construction

   Also found in: Acronyms 0.01 sec.
Interest during construction
Interest accumulated during construction period, which usually equals capitalized interest.
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The Southern California Public Power Authority, a joint-powers agency of which the six cities are members, funded about $314 million worth of bonds over 30 years to construct the facility, pay for the interest during construction, operate and maintain it.
SHOVELS TURN ON POWER PROJECT by Daily News (Los Angeles, CA)
88% ownership interest in a new 750 mw super-critical pulverized coal-fired generating facility (Trimble County Unit 2) and interest during construction.
Fitch Rates Indiana Municipal Power Agency $160MM Series 2006A 'A+' by Business Wire
The cost of the new generating facility, including interest during construction, financing and legal expenses, and improvements to existing generating units at the site, is estimated at $925 million.
Fitch Rates Tri-State G&T's $740MM Lease Obligation 'A-' by Business Wire
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