New Energy
Brookfield in Talks to Revive Abandoned South Carolina Project
The VC Summer Nuclear Station near Jenkinsville, South Carolina on Sept. 21, 2016.
Photographer: Chuck Burton/AP PhotoSouth Carolina utility Santee Cooper is in talks with Brookfield Asset Management to revive a long-abandoned nuclear project as surging US demand for electricity renews interest in atomic energy.
Santee Cooper’s management plans to ask its board to approve a letter of intent for Brookfield to resume construction of two partially built reactors at the VC Summer site, Chief Executive Officer Jimmy Staton said during a board meeting on Friday.