Your source for construction industry news in the Carolinas
As the sage of the failed V.C. Summer nuclear plant continues to unfold, South Carolina Governor Henry McMaster sent a letter to Kevin Marsh, Chairman and CEO of SCANA Corporation, requesting that the parent company of SCE&G “to immediately cease” its collection of approximately $37 million per month from South Carolina ratepayers for the costs…
South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (SCANA) (NYSE: SCG), announced today that it will voluntarily withdraw its Abandonment Petition from the Public Service Commission of South Carolina that was made under the Base Load Review Act (BLRA) concerning SCE&G’s new nuclear project. Over the past two weeks, SCE&G management…
Westinghouse Electric Company and South Carolina Electric & Gas Company (SCE&G), the principal subsidiary of SCANA Corporation (NYSE: SCG), have received the Dispute Resolution Board’s (DRB) decision on the construction milestone payment schedule for the two nuclear construction projects at V.C. Summer Station in Jenkinsville, S.C. Following a hearing on Nov. 9, Westinghouse submitted its…
