Followers | 7 |
Posts | 604 |
Boards Moderated | 0 |
Alias Born | 03/08/2017 |
Wednesday, March 29, 2017 12:38:57 PM
SCANA (SCG -1.1%) and state-owned utility Santee Cooper, partners on the project at the V.C. Summer Nuclear Station in South Carolina, say they are working with Westinghouse to reach an agreement, subject to bankruptcy court approval, that allows for work on the project to continue toward completion of the units.
The agreement, filed today with the court as part of Westinghouse's bankruptcy filings, allows for a transition and evaluation period during which SCG and Santee Cooper say they will determine the most prudent path forward for the project.
Both Santee Cooper and SCG subsidiary South Carolina Electric & Gas Co. have raised rates several times to fund the project, which is behind schedule and over the original projected cost.
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM