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SCANA Corp (SCG.N)

SCG.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Georgia Public Service Commission Approves Dominion Energy-SCANA Combination
Wednesday, 21 Mar 2018 08:00am EDT 

March 21 (Reuters) - Dominion Energy Inc ::GEORGIA PUBLIC SERVICE COMMISSION APPROVES DOMINION ENERGY-SCANA COMBINATION.DOMINION ENERGY - GEORGIA PUBLIC SERVICE COMMISSION UNANIMOUSLY APPROVED MERGER OF DOMINION ENERGY, SCANA CORP.  Full Article

Scana Corp Files For Potential Mixed Shelf Size; Not Disclosed
Friday, 16 Mar 2018 02:42pm EDT 

March 16 (Reuters) - Scana Corp ::SCANA CORP FILES FOR POTENTIAL MIXED SHELF; SIZE NOT DISCLOSED - SEC FILING‍​.SCANA CORP - IN ADDITION, FIRST MORTGAGE BONDS TO BE ISSUED BY SOUTH CAROLINA ELECTRIC & GAS COMPANY.  Full Article

Scana Sees Total Estimated Capex For 2018 Of $845 Mln
Thursday, 22 Feb 2018 09:19am EST 

Feb 22 (Reuters) - Scana Corp ::SCANA CORP SEES TOTAL ESTIMATED CAPEX FOR 2018 OF $845 MILLION - PRESENTATION SLIDES‍​.  Full Article

Scana Reports Q4 Loss Per Share $3.11
Thursday, 22 Feb 2018 07:30am EST 

Feb 22 (Reuters) - Scana Corp ::SCANA REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER AND FULL YEAR 2017 AND DECLARES DIVIDEND ON COMMON STOCK FOR FIRST QUARTER 2018.Q4 LOSS PER SHARE $3.11.DECREASE IN QTRLY EARNINGS PRIMARILY ATTRIBUTABLE TO IMPAIRMENT LOSS OF $908 MILLION ASSOCIATED WITH VC SUMMER NUCLEAR CONSTRUCTION PROJECT.SCANA - DUE TO PENDING COMBINATION WITH DOMINION ENERGY, SCANA WILL NOT BE PROVIDING 2018 OR LONG-TERM EARNINGS GUIDANCE OR HOSTING A CONFERENCE CALL.DECREASE IN QTRLY EARNINGS ALSO ATTRIBUTABLE LOSS OF $30 MILLION ARISING FROM RE-MEASUREMENT OF DEFERRED INCOME TAXES UPON TAX REFORM.RECOGNIZED AN IMPAIRMENT LOSS FOR YEAR ENDED DEC. 31, 2017, TOTALING $1.118 BILLION ASSOCIATED WITH VC SUMMER NUCLEAR CONSTRUCTION PROJECT.QTRLY TOTAL OPERATING REVENUES $1,158 MILLION VERSUS $1,057 MILLION.Q4 EARNINGS PER SHARE VIEW $0.85 -- THOMSON REUTERS I/B/E/S.  Full Article

Scana Says If Merger Terminated Co Required To Pay Dominion Energy Termination Fee Of $240 Mln
Friday, 5 Jan 2018 06:11am EST 

Jan 5 (Reuters) - Dominion Energy Inc ::SCANA SAYS IF MERGER TERMINATED UNDER CERTAIN CIRCUMSTANCES CO REQUIRED TO PAY DOMINION ENERGY TERMINATION FEE OF $240 MILLION - SEC FILING.SCANA CORP - UPON TERMINATION OF DEAL UNDER CERTAIN CIRCUMSTANCES, DOMINION ENERGY TO BE REQUIRED TO PAY SCANA A FEE OF $280 MILLION.  Full Article

Dominion Energy and Scana Corp announce an all-stock merger
Wednesday, 3 Jan 2018 07:00am EST 

Jan 3 (Reuters) - Dominion Energy Inc ::DOMINION ENERGY, SCANA ANNOUNCE ALL-STOCK MERGER WITH $1,000 IMMEDIATE CASH PAYMENT TO AVERAGE SOUTH CAROLINA ELECTRIC & GAS RESIDENTIAL ELECTRIC CUSTOMER AFTER CLOSING.DOMINION ENERGY INC - INCLUDING ASSUMPTION OF DEBT, VALUE OF TRANSACTION IS APPROXIMATELY $14.6 BILLION.DOMINION ENERGY INC - CO, SCANA TO COMBINE IN STOCK-FOR-STOCK MERGER.DOMINION ENERGY - DEAL WOULD BE ACCRETIVE TO DOMINION'S EARNINGS UPON CLOSING.DOMINION ENERGY INC - ‍SCANA WOULD OPERATE AS A WHOLLY OWNED SUBSIDIARY OF DOMINION ENERGY​.DOMINION ENERGY INC - SCANA SHAREHOLDERS TO GET 0.6690 SHARES OF DOMINION COMMON STOCK FOR EACH SHARE OF SCANA, EQUIVALENT OF $55.35/SHARE.DOMINION ENERGY - MERGER WOULD INCREASE DOMINION ENERGY'S COMPOUNDED ANNUAL EARNINGS-PER-SHARE TARGET GROWTH RATE THROUGH 2020 TO 8 PERCENT OR HIGHER.DOMINION ENERGY INC - ‍COMBINED COMPANY WOULD OPERATE IN 18 STATES FROM CONNECTICUT TO CALIFORNIA​.DOMINION ENERGY - TO FUND $1.3 BILLION OF CASH PAYMENTS TO ALL SCE&G ELECTRIC CUSTOMERS WITHIN 90 DAYS AFTER DEAL CLOSING.DOMINION ENERGY INC - SCANA SHAREHOLDERS TO RECEIVE 0.6690 SHARES OF CO'S COMMON STOCK FOR EACH SHARE OF SCANA, EQUIVALENT OF ABOUT $7.9 BILLION.DOMINION ENERGY - SCANA, CO WILL FILE FOR REVIEW AND APPROVAL FROM PUBLIC SERVICE COMMISSIONS OF SOUTH CAROLINA, NORTH CAROLINA, GEORGIA FOR DEAL.DOMINION ENERGY - UPON CLOSING OF MERGER, SCANA SHAREHOLDERS WOULD OWN AN ESTIMATED 13 PERCENT OF COMBINED COMPANY.  Full Article

SCE&G Requests Withdrawal Of VC Summer Station Units Operating Licenses
Thursday, 28 Dec 2017 02:00pm EST 

Dec 28 (Reuters) - SCANA Corp ::SCE&G FILES FORMAL REQUEST WITH THE NUCLEAR REGULATORY COMMISSION TO WITHDRAW COLS FOR VCS UNITS 2 & 3.SCANA CORP - ‍IN ITS NOTIFICATION TO NRC, SCE&G STATES THAT IT HAS IRREVOCABLY ABANDONED ITS INTERESTS IN VCS UNITS 2 AND 3​.SCANA CORP - SCE&G HAS OFFERED TO CEDE ITS ABANDONED INTEREST IN VCS UNITS 2 AND 3 PROJECT TO SANTEE COOPER, FOR NO CONSIDERATION.  Full Article

Scana Says Public Service Commission Of South Carolina Denied South Carolina Electric & Gas Co's Motion To Dismiss
Wednesday, 20 Dec 2017 05:01pm EST 

Dec 20 (Reuters) - Scana Corp ::SCANA CORP SAYS PUBLIC SERVICE COMMISSION OF SOUTH CAROLINA DENIED SOUTH CAROLINA ELECTRIC & GAS CO'S MOTION TO DISMISS.SCANA CORP SAYS PUBLIC SERVICE COMMISSION OF SOUTH CAROLINA ORDERS HEARING ON SOUTH CAROLINA OFFICE OF REGULATORY STAFF'S REQUEST TO REDUCE RATES.SCANA CORP - IN ADDITION, COMMISSION ORDERED ORS TO PERFORM A THOROUGH INSPECTION AND AUDIT, WITHIN 30 DAYS.  Full Article

South Carolina Electric & Gas to acquire natural-gas-fired power plant
Thursday, 16 Nov 2017 09:00am EST 

Nov 16 (Reuters) - Scana Corp :South Carolina Electric & Gas Company to acquire natural-gas-fired power plant.Scana - ‍entered agreement in principle to purchase 540-megawatt, combined-cycle, natural-gas-fired power plant from Columbia Energy for $180 million​.  Full Article

Scana Corp names ‍Jimmy Addison CEO
Tuesday, 31 Oct 2017 09:00am EDT 

Oct 31 (Reuters) - Scana Corp :Scana Corporation and South Carolina Electric & Gas Company announce leadership changes.Scana Corp - ‍chairman and chief executive officer Kevin Marsh will retire as chief executive officer of Scana and SCE&G​.Scana Corp - ‍Jimmy Addison will become chief executive officer​.Scana Corp - ‍Iris Griffin will become chief financial officer​.Scana Corp - ‍lead independent director Maybank Hagood will become non-executive chairman of board of directors​.Scana corp - ‍Keller Kissam will become president and chief operating officer of SCE&G​.  Full Article

BRIEF-Georgia Public Service Commission Approves Dominion Energy-SCANA Combination

* GEORGIA PUBLIC SERVICE COMMISSION APPROVES DOMINION ENERGY-SCANA COMBINATION