Public utility company Santee Cooper is seeking buyers for two partially built nuclear units at the V.C. Summer Nuclear Station in Jenkinsville, South Carolina, it said on Wednesday.
Santee Cooper plans to seek investors willing to buy the two unfinished reactors it abandoned at the V.C. Summer Nuclear Station more than seven years ago
Santee Cooper, the big power provider in South Carolina, has tapped financial advisers to look for buyers that can restart construction on a pair of nuclear reactors that were mothballed years ago. The state-owned utility is betting interest will be strong,
South Carolina’s abandoned V.C. Summer nuclear project may restart as Santee Cooper seeks private companies to complete it, shifting risks from ratepayers.
Efforts are underway to bring back the V.C. Summer nuclear construction project that cost ratepayers billions of dollars
Utility company Santee Cooper has launched a proposal process to acquire and finish the V.C. Summer Nuclear Units expansion project.
South Carolina's Santee Cooper is seeking buyers to revive construction at the long-abandoned V.C. Summer Nuclear Station to address the surging energy needs of artificial intelligence.
Construction of new reactors at Jenkinsville nuclear plant was abandoned in 2017, costing energy customers millions of dollars
Nuclear-related stocks finished mostly higher Wednesday after South Carolina power provider Santee Cooper said it is seeking proposals for buyers to restart construction of a pair of reactors at its V.
Nearly a decade ago, the plug was pulled on the controversial VC Summer nuclear project just north of Columbia before any new power was generated.
Shares surged through the $40 level as the stock gained another 20%. Nano Nuclear shares are now trading 75& higher in 2025 and 1,000% higher since its public trading debut in May 2024. Thursday’s rally also brought new all-time highs for Nano Nuclear shares.