Tag: SCE&G

Business

Santee Cooper, SCE&G Accepts Nearly $2.2 Billion From Toshiba For Nuclear Plant

BERKELEY COUNTY, S.C.–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 of its guaranty of […]