Pike Awarded EPC Substation for Shaw Nuclear Project

MOUNT AIRY, N.C., Nov. 9 /PRNewswire-FirstCall/ -- Pike Electric Corporation
(NYSE: PIKE), a leading national energy solutions provider, announced today
that The Shaw Group Inc. (NYSE: SHAW) has awarded Pike an engineering,
procurement, and construction (EPC) contract for the new 230kV Transmission
Switchyard and Offsite Power System for the V.C. Summer Nuclear Station in
South Carolina.

The construction of this switchyard, and the associated electrical work, is in
support of the two nuclear power units being added by South Carolina Electric
& Gas Company (SCE&G), principal subsidiary of SCANA Corporation (NYSE: SCG),
and the South Carolina Public Service Authority (Santee Cooper), a state-owned
electric and water utility in South Carolina. The new units, known as V.C.
Summer 2 and 3, are scheduled for completion in 2016 and 2019. The station
began commercial operation January 1, 1984 and this construction marks one of
the first U.S. nuclear plants to add reactors in 20 years.

"V.C. Summer 2 and 3 will be among the first new nuclear units constructed in
this country in decades, and we are extremely pleased to have been selected
for this project. This EPC award is important for Pike, as it recognizes our
full platform of Energy Solutions and fulfills a strategic goal to participate
in the opportunities presented by the renewed interest in U.S. nuclear power,"
said Eric Pike, Chairman and CEO of Pike. "The engineering for this project
begins immediately utilizing Pike's Charlotte office and construction is
expected to be completed by the end of 2015."

About SCE&G
SCE&G is a regulated public utility that provides natural gas service to
approximately 309,000 customers in South Carolina. SCE&G also is engaged in
the generation, transmission, distribution and sale of electricity to
approximately 650,000 customers throughout the state. Information about SCE&G
is available on the company's Web site at www.sceg.com.

About SCANA Corporation
SCANA Corporation, a Fortune 500 company headquartered in Columbia, South
Carolina, is an energy-based holding company principally engaged, through
subsidiaries, in electric and natural gas utility operations and other
energy-related businesses in South Carolina, North Carolina and Georgia.
Information about SCANA Corporation and its businesses is available on the
Company's Web site at www.scana.com.

About The Shaw Group Inc.
The Shaw Group Inc. is a leading global provider of technology, engineering,
procurement, construction, maintenance, fabrication, manufacturing,
consulting, remediation and facilities management services for government and
private sector clients in the energy, chemicals, environmental, infrastructure
and emergency response markets. Information about Shaw Group is available on
the Company's Web site at www.shawgrp.com.

About Pike Electric
Pike Electric is a leading provider of energy solutions to over 200
investor-owned, municipal and cooperative utilities in the United States. Our
comprehensive services include siting, permitting, engineering design,
installation, maintenance and repair of power delivery systems, including
renewable energy projects. Our common stock is traded on the New York Stock
Exchange under the symbol PIKE. For more information, visit us online at
www.pike.com.

SOURCE Pike Electric Corporation

Investor Relations, +1-336-719-4622, investorrelations@pike.com