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About $7.7 billion of debt is at stake as South Carolina's governor talks with investor-owned utilities about selling the public power agency.
By Shelly SigoAugust 10 -
The agency said it can wind down the project; lawmakers to weigh prohibiting rate increases.
By Shelly SigoAugust 4 -
After issuing $4.2 billion of bonds to finance two new nuclear reactors, Santee Cooper said the project was no longer affordable.
By Shelly SigoAugust 2 -
Halting the work is expected to save customers nearly $7 billion in additional costs, the state-run agency known as Santee Cooper told bondholders.
By Shelly SigoJuly 31 -
All Aboard Florida foes urged USDOT to use “extreme caution” reviewing a loan for the train project.
By Shelly SigoJuly 27 -
The agreement allows owners of two new reactors at Plant Vogtle to take over construction.
By Shelly SigoJuly 21 -
Moody's Investors Service cited underperforming revenues and low pension funding levels.
By Shelly SigoJuly 21 -
Regulators will hear claims that ratepayers face hikes from a “bungled” nuclear reactor project.
By Shelly SigoJuly 19 -
The county plans to price $344 million of limited obligation refunding warrants, with a new 1% local sales tax supporting debt service.
By Shelly SigoJuly 12 -
Georgia’s economy continues on an upward trajectory, according to Gov. Nathan Deal.
By Shelly SigoJuly 11