Santee Cooper president and CEO Lonnie Carter resignedrnAugust 25, following the state-owned electricity supplier’srndecision end-July to halt, and most likely abandon, thern2.234 GW V.C. Summer nuclear project in South Carolina.rnSantee Cooper is known legally as the South Carolina PublicrnService Authority.rnProject costs had ballooned, with Santee Cooper andrnpartner South Carolina Electric & Gas estimatingrncompletion could now cost as much as $25 billion,rncompared with earlier estimates of $14 billion, following thernbankruptcy in March of contractor Westinghouse.
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