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Consultant ICF said four non-binding purchase proposals would defease or assume the state-owned utility’s $8 billion in debt.
February 4 -
The Chapter 11 filing creates uncertainty for the state and localities where the utility operates.
January 30 -
California’s largest utility owner faces $30 billion in potential wildfire liabilities, and its bankruptcy plan has reverberated across the power industry.
January 22 -
Rating agencies don't expect major impacts to state and local governments from the troubled California utility's pending bankruptcy.
January 18 -
Amid bankruptcy talk about the investor-owned utility, the fate of its $18 billion in corporate bonds could impact the municipal bond market.
January 10 -
State-owned Santee Cooper has charged its former partner in the project, SCE&G, with mismanagement and breach of contract.
January 9 -
A think tank is urging residents to support selling the state-owned utility saying that would relieve ratepayers of paying billions in debt.
December 5 -
Fitch Ratings dropped the South Carolina utility’s rating two notches to A-minus and revised the outlook to negative, citing a legal claim by its largest customer.
November 15 -
Dominion Energy said its management offer can be structured to preserve Santee Cooper’s tax-exempt status.
November 1 -
Mayor Kevin Faulconer announced plans to form a joint-powers authority to provide electricity
October 26