Santee Cooper Approves MOU with Brookfield Asset Management to Proceed with Feasibility Study

MONCKS CORNER, S.C.--(BUSINESS WIRE)--Taking the next step in the potential sale of two partially built AP1000 units to Brookfield Asset Management, the Santee Cooper Board of Directors approved today a Memorandum of Understanding (MOU) that establishes a formal feasibility period regarding completing those units. With surging residential and industrial customer demand, and with the support of state leaders, last year Santee Cooper recognized a potential opportunity to identify a third party who would compl ...