Prep work underway in SC’s nuclear reboot effort, potential $2.7B payday at least 2 years away

By: Jessica Holdman

Outlets: South Carolina Daily Gazette

Published: April 14, 2026

Words: 398

Last Updated: 2 months, 2 weeks ago

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COLUMBIA — South Carolina’s state-owned utility company hopes to know by the first half of 2028 whether a $2.7 billion deal to revive the state’s failed nuclear expansion will officially go through.

Santee Cooper reached an initial agreement in December with New York investment firm Brookfield Asset Management for the purchase of two partially built nuclear reactors at the V.C. Summer nuclear plant in Fairfield County.

But the ultimate date of the payment, which …

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