Topic - Lonnie Carter

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Retiring utility CEO to receive $1 million in 1st year

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Associated Press

Utility CEO retiring following failure of nuclear project

By SEANNA ADCOX - Associated Press

FILE - This April 9, 2012 file photo shows construction well underway for two new nuclear reactors at the V.C. Summer Nuclear Station in Jenkinsville, S.C. South Carolina's state-owned public utility has voted to stop construction on two billion-dollar nuclear reactors. The reactors were set to be among the first new nuclear reactors built in the U.S. in decades, but the vote by Santee Cooper’s board on Monday, July 31, 2017 likely ends their future. (AP Photo/Jeffrey Collins)

Billions down the drain as new nuclear plants scrapped

By SEANNA ADCOX - Associated Press