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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Scana Corp. (delisted) | NYSE:SCG | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 47.78 | 0.00 | 01:00:00 |
By Patrick Thomas
The Public Service Commission of South Carolina blessed Dominion Energy Inc.'s (D) merger with South Carolina's largest power company, Scana Corp. (SCG), Dominion said Friday.
The Richmond, Va.-based energy company said the conditions of the deal will be released as part of a written order on Dec. 21.
S.C. utility regulators also approved a $22-a-month rate cut for customers, consistent with the companies' proposal, Dominion said.
"Dominion Energy is encouraged by the commission's vote and awaits an order to review prior to making a final decision to close the merger with Scana," Dominion Chief Executive Thomas Farrell said in a statement.
Write to Patrick Thomas at patrick.thomas@wsj.com
(END) Dow Jones Newswires
December 14, 2018 17:54 ET (22:54 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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