The U.S. Securities and Exchange Commission has charged two former top executives with South Carolina utilities of defrauding investors about the V.C. Summer Nuclear Plant expansion project it abandoned in 2017. Former SCANA Corp. CEO Kevin Marsh and former Executive Vice President Stephen Byrne are named in the SEC complaint. The release also accuses SCANA subsidiary South Carolina Electric & Gas Co. (SCE&G, now known as Dominion Energy South Carolina following a 2018 merger) of making false and misleading statements about the Summer nuclear expansion.
Power Engineering 28th Feb 2020 read more »