Dominion Energy to buy troubled SCANA and shuttered nuclear projects
Thursday, 4 January 2018 () Washington (AFP) Jan 3, 2018
Virginia-based Dominion Energy announced Wednesday a plan to merge with troubled SCANA Corp., absorbing costs of the halted South Carolina nuclear plants in a deal valued at $14.6 billion. The merger deal would include a $1.7 billion write-off for the shuttered nuclear project, as well as $1.3 billion in payments to customers of SCANA's South Carolina Electric & Gas Company (SCE&G) - about
Utility giant Dominion Energy will buy SCANA for $7.9 billion in stock and also pay $1.3 billion to its customers to compensate them for costs incurred from its... bizjournals - Business
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Washington (AFP) Jan 3, 2018
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