SCE&G & Santee Cooper Abandon Project to Complete Summer Units 2 & 3

摘要

Santee Cooper and South Carolina Electric & Gas Co. (SCE&G), a principal subsidiary ofrnSCANA Corp., today decided to abandon efforts to build Units 2 and 3 at thernV. C. Summer Nuclear Station in South Carolina.rnEnding months of discussion on whether to forge ahead with the over-budget andrnbehind-schedule project, the board of Santee Cooper, which owns 45 percent of thernproject, voted unanimously to halt construction, citing costs officials said could reachrnover US$25 billion. SCANA Corp., which owns the remaining 55 percent of therntwo-unit project, said it will immediately file plans with regulators to ceasernconstruction as well.