-
S&P Global Ratings cut its rating to A from A-plus, and maintained a negative outlook on the South Carolina Public Service Authority.
June 27 -
Lawmakers agreed to get bids for the state-owned utility, although a final decision on a sale won’t be made until 2020.
May 22 -
Mini-bond investors were damaged by the South Carolina-owned utility’s disclosure omissions, according to the suit.
May 1 -
Westinghouse, the former contractor for the utility’s failed nuclear reactor project, filed a lawsuit to recover property it says the state-owned utility is withholding.
April 17 -
Lawmakers, without making a decision to sell, voted to get formal offers for the state-owned utility from four companies.
February 28 -
A consultant was directed to prepare a new proposal outlining the next steps to take that could lead to a sale of the state-owned public utility.
February 7 -
Consultant ICF said four non-binding purchase proposals would defease or assume the state-owned utility’s $8 billion in debt.
February 4 -
State-owned Santee Cooper has charged its former partner in the project, SCE&G, with mismanagement and breach of contract.
January 9 -
A think tank is urging residents to support selling the state-owned utility saying that would relieve ratepayers of paying billions in debt.
December 5 -
Fitch Ratings dropped the South Carolina utility’s rating two notches to A-minus and revised the outlook to negative, citing a legal claim by its largest customer.
November 15