--A proposed Scana Corp. (SCG) $2.1 billion settlement with electric customers received preliminary approval from a South Carolina judge, The State reported Tuesday.

--The settlement, related to costs for a failed nuclear project, depends on the state's Public Service Commission approving Dominion Energy Inc.'s (D) purchase of Scana. The all-stock deal was initially valued at about $7.66 billion in January.

--A ratepayer attorney said that if the Dominion transaction is approved, final approval of the customer settlement would be likely around April, The State reported.

Full story at https://www.thestate.com/news/politics-government/article222566915.html

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

December 04, 2018 13:40 ET (18:40 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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