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Moody's says the South Carolina Public Service Authority’s delay on rates is a credit negative.
August 21 -
The investor-owned utility said South Carolina officials will review the canceled project.
August 16 -
The South Carolina agency says the rate increases are unneeded even with $7.7 billion of bonds to support.
August 11 -
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.
August 10 -
The agency said it can wind down the project; lawmakers to weigh prohibiting rate increases.
August 4 -
With no asset to show for more than $4 billion of debt, Santee Cooper’s bonds were downgraded by S&P.
August 3 -
After issuing $4.2 billion of bonds to finance two new nuclear reactors, Santee Cooper said the project was no longer affordable.
August 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.
July 31 -
South Carolina and Georgia nuclear reactor owners inked deals supporting the projects, though they’re still deciding whether to complete them.
July 28 -
New York Power Authority chief financial officer Bob Lurie visits The Bond Buyer to discuss the state's focus on alternative energy projects and his career path. Hosted by Andrew Coen.
July 27