Santee Cooper accuses SCE&G of civil fraud in failed, $9 billion nuclear project
COLUMBIA, SC -- Santee Cooper is accusing SCE&G — its partner in their $9 billion failed attempt to build a nuclear power plant — of civil fraud, misconduct and numerous “breaches of duties” in connection with the unfinished twin nuclear reactors.
In 2011, the two utilities, which together provide electricity to millions of South Carolinians, signed an agreement giving SCE&G authority to oversee all aspects of construction at the V.C. Summer Nuclear Station in Fairfield County.
But SCE&G broke that agreement with “various fraudulent acts,” including “dishonesty, bad faith, unfair dealing and the unlawful appropriation of Santee Cooper’s money by design,” Santee Cooper wrote this week in a legal filing in state court.
Over the past 17 months, SCE&G and Santee Cooper have been buffeted by news reports and hearings into mismanagement, waste and other flaws that plagued the V.C. Summer project before the utilities canceled the venture in July 2017.
Read more: https://www.thestate.com/news/local/crime/article223664035.html