Dominion and SCANA merger approved

CSRA News
North_Carolina_and_SCANA_update_2_20181120095259

The SCANA and Dominion Energy merger is complete.

On Wednesday, Dominion made the announcement about the deal.

SCANA is drowning in debt after the nuclear construction project, Santee Cooper failed.

The Virginia-based company paid $6.8 Billion for SCANA. So, it will take on its consolidated debt of $6.6 Billion.

The deal forces users to keep paying to cover the cost of santee cooper.

Dominion claims consumer bills will decrease.

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