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Scana Reactors Face New Delays and $200 Million Additional Costs

Scana Corp., the owner of South Carolina’s largest utility, says the twin reactors it’s building in the state face new delays and about $200 million in added costs as a subcontractor struggles to meet deadlines and quality standards.

Scana sees the commercial start for its first reactor under construction near Columbia, South Carolina, slipping to the end of 2017 or early 2018, from March 2017, Steve Byrne, chief operating officer of its South Carolina Electric & Gas unit, told analysts during a webcast today. The second reactor will also be delayed beyond its May 2018 target for producing power, and neither Scana nor its construction partners can say by how long.