Tuesday, October 17, 2017

The Southern Company's Stock Price Tanking on Scana Subpoena

Least the other Southern nuke plants are operating at 100%.


Scana Gets SEC Subpoena Related to Canceled Nuclear Project

Bloomberg: Scana Corp. has been served by a document subpoena issued by the staff of the Securities and Exchange Commission in connection with the commission’s investigation of Scana’s V.C. Summer nuclear project, the company said in a statement.

Scana said it intends to fully cooperate with the investigation. In late September, shares of the company fell to the lowest in more than two years as state utility regulators weighed a request to suspend previously approved rate increases for its abandoned nuclear power plant expansion...



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