The Office of U.S. Attorney Peter M. McCoy Jr. announced that Kevin B. Marsh, the former Chief Executive Officer and Board of Directors Chairman of SCANA Corporation, will plead guilty in federal court to charges of conspiracy to commit mail and wire fraud.
SCANA Energy and its subsidiary SCE&G have agreed to settle the lawsuit from the Securities and Exchange Commission, charging them with defrauding investors by making false and misleading statements about the nuclear plant expansion, that was eventually abandoned.
The executive who spent billions of dollars on two South Carolina nuclear plants that never generated a single watt of power is almost certain to spend time in prison.
COLUMBIA, S.C. (AP) – Federal officials say two former executives at a South Carolina utility lied repeatedly to regulators and investors about the progress of construction of two nuclear reactors taking more than a billion dollars out of the pockets of investors and ratepayers. The Securities and Exchange Commission sued SCANA Corp., its subsidiary South Carolina Electric & Gas along…
Dominion Energy is agreeing to pay continuity and pay protections for any layoff through July 2020.
COLUMBIA, SC (WOLO)– Dominion Energy announced it has completed its purchase of SCE & G’s parent company SCANA. Dominion Energy released a statement on Wednesday, saying in part, quote– “Together, we are committed to providing safe, dependable, affordable and clean energy to the communities served by scana and to maintaining its excellent record of reliability and customer service.” Previous story: December…
A private utility ordered to pay some refunds to SC customers for a pair of nuclear reactors that weren’t finished is selling off property.
The first of seven commissions has approved a proposed merger for Dominion to take over SCANA in North Carolina
COLUMBIA, SC (WOLO)– Friday there was more testimony from SCANA CEO Jimmy Addison. The testimony is part of a hearing at the South Carolina Public Service Commission over whether SCE&G can set rates in the wake of the VC Summer Nuclear fall out project. ABC Columbia’s Angela Rogers is at the hearing and brings this live update. Among the questions…
Columbia, S.C. (WOLO) – Friday there was more testimony from SCANA CEO Jimmy Addison. The testimony is part of a hearing at the South Carolina Public Service Commission over whether SCE&G can set rates in the wake of the VC Summer Nuclear fall out project. ABC Columbia’s Angela Rogers is at the hearing. Among the questions Friday, Addison was asked “Who is…
