Duke Energy Corp. (NYSE: DUK) is back in the mergers and acquisition hunt, having submitted a proposal to purchase South Carolina-owned utility Santee Cooper. S.C. Gov. Henry McMaster has proposed selling the state-owned utility in the wake of the failed $20 billion-plus expansion of the V.C. Summer Nuclear Station. The July 2017 decision to abandon that project — after more than $9 billion was spent on construction — already led to the sale of SCANA Corp. to Virginia-based Dominion Energy Inc.…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2019/01/17/duke-energy-makes-offer-to-purchase-troubled-south.html?ana=RSS&s=article_search
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