Mississippi utility, Santee Cooper in negotiations
Published: April 13,2012
MONCKS CORNER, S.C. — Santee Cooper says it will negotiate with a Mississippi power company over a small stake in two new nuclear plants being built in South Carolina.
South Carolina’s state-owned utility said Friday that it has offered 4 percent to 14 percent of the ownership and power from the new plants to the South Mississippi Electric Power Association.
Santee Cooper has a 45 percent stake in the new 1,100-megawatt reactors being built at the V.C. Summer Nuclear Station near Jenkinsville. The plants are under construction and should come online in 2017 and 2018. South Carolina Electric and Gas owns the other 55 percent.
Santee Cooper has also offered Duke Power a 5 percent to 10 percent stake in its power and ownership of the reactors.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- DAVID DALLAS — Roger Wicker: Profile in discouragement
- Tommy Robertson indicted on five counts of embezzlement
- BILL CRAWFORD — More jobs, but fewer with jobs, huh?
- Despite obstacles, craft beer industry growing
- ANITA MODAK-TRURAN — Mississippi’s motion picture renaissance
- Finding your flexible space — Regus banks on high demand for customizable work spaces
- Miss. children's hospital plans $150 million expansion
- Watch out for wildlife while driving on roads, highways
- State's ventures into alt-fuel markets net few jobs