S.C. regulators OK Dominion’s SCANA buyout

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By Mark Manicone

COLUMBIA – The S.C. Public Service Commission unanimously voted Friday to allow Dominion Energy to purchase SCANA, the parent of South Carolina Electric and Gas, making ratepayers responsible for another $2.7 billion for the failed V.C. Summer nuclear project.
The deal, a $14.6 billion takeover, has been in limbo for the past year, as lawmakers initially put the merger on hold in February, a month after Dominion announced initial plans to buy SCE&G.

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