Scana drops most since 1987 on concern over nuclear costs
US Nuclear utility Scana Corp.'s equity is taking a dive as a court rules billing ratepayers for incomplete reactors is unconstitutional. Observers are concerned Scana will not be able to recover its expenditure.
By Bloomberg News, Jim Efstathiou Jr.
Scana Corp. plunged the most in more than three decades on concerns it will not be able to recover costs from an abandoned USD 20 billion nuclear project.
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