Atlantic Coast Pipeline Signs Project Labor Agreements with Trade Unions
Atlantic Coast Pipeline, LLC announced today it has signed Project Labor Agreements with the nation’s four leading building and construction trade unions. The agreements reaffirm the Atlantic Coast Pipeline project’s commitment to hiring skilled union workers for the pipeline’s construction. The agreements were signed with the Laborers’ International Union of North America (LiUNA), Teamsters National Pipeline (Teamsters),…
SCE&G First Utility in South Carolina to Achieve 42 Megawatts of Utility-Scale Solar
SCE&G has met the utility-scale solar goal set forth by the South Carolina Distributed Resource Program Act, or Act 236, by producing 42 megawatts (MW) of utility-scale solar power by 2020. The achievement was celebrated today, along with the dedication of the Otarre Solar Park. Otarre Solar Park developer TIG Sun Energy and project builder…
Cypress Creek Announces Plans for Solar Investment and Jobs
Cypress Creek Renewables announced a plan to invest $1.5 billion to build 2 gigawatts of solar power in South Carolina, according to Adams and Reese LLP. The more than 80 projects will create 10,000 construction jobs and power more than 600,000 homes. The company is working with Greenville Technical College to create a first-of-its-kind solar job…
Bechtel Selected to Help Radioactive Waste Cleanup at South Carolina Site
Bechtel has been selected as part of a joint venture to provide liquid waste services at a U.S. Department of Energy site in South Carolina. The Savannah River Site produced materials for nuclear defense during the Cold War. Bechtel National Inc. is a member of Savannah River EcoManagement, LLC along with BWXT Technical Services Group…
Santee Cooper Could be Sold
According to media reports, several out-of-state companies are exploring an acquisition of South Carolina-based Santee Cooper. The State Newspaper reported one unnamed company has submitted a bid to buy all of Santee Cooper or its assets. Officials with Gov. Henry McMaster’s office expect up to three more bids. Saddled with over $4.3 billion in debt…
Power Infrastructure Needs Drive Burns & McDonnell Expansion in Carolinas
With many of the Power industry’s largest and most complex infrastructure upgrades currently underway along the Eastern Seaboard, Burns & McDonnell has expanded its engineering and technical service presence in the Carolinas with a new office in Charlotte, NC. A 100-percent employee-owned firm that is currently ranked No. 1 in the Power industry by Engineering…
SCE&G Withdraws Request to Shut Down V.C. Summer Construction
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…
A Look at the Possible Economic Impact of the Atlantic Coast Pipeline
What does a massive North Carolina industrial complex that can churn out $1 billion worth of steel a year have in common with a processor of sweet potato-based food filler located 90 miles away? Both manufacturing operations ‒ Nucor Corp.’s steel plant in Hertford County and the Carolina Innovative Food Ingredients facility in Nash County…
Construction of V.C. Summer Units 2 and 3 Suspended
The Santee Cooper Board of Directors approved today the suspension of construction of Units 2 and 3 at V.C. Summer Nuclear Station in Jenkinsville, SC. The decision is anticipated to save Santee Cooper customers nearly $7 billion in additional costs to complete the project, including projected interest during construction. The decision to suspend construction is based…
SCE&G and Santee Cooper Reach Agreement on Guaranty Payments From Toshiba, $2 Billion
South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (SCANA) (NYSE: SCG), and Santee Cooper, have entered into a definitive agreement with Toshiba Corporation (Toshiba) for Toshiba to pay $2.168 billion ($1.192 billion to SCE&G for its 55% and $0.976 billion to Santee Cooper for its 45% project ownership) in full satisfaction…
