In a monumental deal made public on Wednesday, Dominion Energy and Scana Corporation announced a conditional merger that would roll debt from the failed V.C. Summer nuclear project into one of the country’s largest utilities. Under the merger, Scana investors would get two-thirds of a Dominion share for every Scana share. The share swap, plus debt, amounts to $14.6 billion.
Green Tech Media 3rd Jan 2018 read more »