SCANA

Former Westinghouse Electric Co. Senior Vice President Jeffrey A. Benjamin’s motion to dismiss for grand jury bias a federal indictment issued in August 2021 alleging he concealed damaging information concerning the V.C. Summer nuclear expansion project schedule was granted by U.S. District Judge Mary Geiger Lewis on August 2, 2023, in Columbia, South Carolina. Benjamin […]

Kevin B. Marsh, former CEO of SCANA Corp., was sentenced to two years in federal prison after pleading guilty to conspiracy to commit mail and wire fraud related to the V.C. Summer nuclear expansion project. Marsh is the first defendant in the case to be sentenced as a result of the investigation. However, the U.S. […]

The man considered second-in-command at the former SCANA Corp. has agreed to plead guilty to criminal conspiracy fraud charges stemming from his role in the failed V.C. Summer nuclear power plant construction project. Stephen A. Byrne, SCANA’s former chief operating officer, will plead guilty for his alleged criminal actions, according to a document filed June […]

The fight about who owns equipment at the now-abandoned V.C. Summer 2 and 3 AP1000 reactors in South Carolina intensified on May 14, as key stakeholder Santee Cooper sued lead contractor Westinghouse for certification documentation related to that equipment.  The lawsuit filed with the U.S. District Court for the District of South Carolina, Charleston Division, […]

Dominion Energy’s bid to purchase SCANA Corp. and its South Carolina Electric & Gas (SCE&G) utility, approved by South Carolina regulators on Dec. 14, could bring some stability to SCANA. Shareholders hope that’s the case; they’re excited about swapping their devalued SCANA shares for more valuable Dominion stock. Workers, though, remain uncertain about their futures, […]

The world’s first AP1000 nuclear reactor—Sanmen 1 in China’s Zhejiang province—commenced 100%  power operation for the first time on August 11, China National Nuclear Corp. (CNNC) said. Sanmen 1 was connected to the grid on June 30. Earlier this year, China also put online Unit 5 of the Yangjiang Nuclear Plant on May 23, and Taishan 1, an EPR, on […]

CAYCE, S.C. (May 9, 2018) — South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corp. (NYSE: SCG), announced today that it has completed its purchase of the Columbia Energy Center, a natural-gas-fired power plant in Gaston, S.C. (Calhoun County), from LS Power for approximately $180 million. SCE&G included the purchase of the 540-megawatt combined cycle gas […]

Santee Cooper executives doubted SCANA Corp.’s ability to properly manage the V.C. Summer nuclear expansion project for years before the project was ultimately abandoned in July 2017, according to an article published by The Post and Courier, a Charleston, S.C., newspaper. Santee Cooper—a state-run utility—partnered with SCANA as owners of the project; SCANA holds a […]

Several possible suitors for SCANA Corp. emerged last fall when it became evident the South Carolina utility needed a lifeline, after SCANA subsidiary South Carolina Electric and Gas Co. (SCE&G) and state-owned Santee Cooper pulled the plug on the V.C. Summer nuclear project (Figure 1). Now the question is whether those who lost out to […]

South Carolina Gov. Henry McMaster (R) wants to sell Santee Cooper, the state-owned utility, even as state lawmakers discuss how to deal with the group’s involvement in the abandoned V.C. Summer nuclear project. Lawmakers also disagree with who should advise the state on a possible sale. Leaders of South Carolina’s House and Senate have hired […]