Speakers include Dr. Aris Candris – President and CEO, Westinghouse Electric Company and Bill Timmerman – Chairman & CEO, SCANA
– By Stephen Heiser –
SCANA Corporation has announced that it will conduct an Analyst Day for the financial community on Thursday, April 8, 2010 (with tours on April 7), at its V.C. Summer Nuclear Station site near Jenkinsville, South Carolina. SCANA’s management team will give an update on their nuclear plans and discuss the Company’s financials and recent regulatory activity.
The V.C. Summer Nuclear Station, located in Jenkinsville, S.C., is jointly owned with Santee Cooper and produces nearly 1,000 megawatts of electricity. It has operated safely and efficiently for more than 20 years and consistently ranks among the top nuclear units in the nation.
As the demand for electricity continues to rise in our country, the need for more generation is inevitable.
SCE&G projects a need for a large-scale power plant to serve its system by the 2016 timeframe. To meet this demand, SCE&G, in conjunction with Santee Cooper, plan to build two new nuclear units at the V.C. Summer site.
The presentation will begin at 8:00 a.m. Daylight Savings Time and is expected to last approximately four hours.
Currently scheduled presenters at the event include:
Bill Timmerman – Chairman & CEO, SCANA
Kevin Marsh – President & COO, SCE&G
Steve Byrne – Executive VP Generation & Chief Nuclear Officer, SCANA
Jimmy Addison – CFO, SCANA
Guest Speaker:
Dr. Aris Candris – President and CEO, Westinghouse Electric Company
The presentations will be webcast live and will be available on the Investor Relations section of the Web site at www.scana.com. The webcast will be archived on the Company’s Web site for 2 weeks after the presentation ends.
SCANA Corporation, a Fortune 500 company headquartered in Cayce, SC, is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. The Company serves approximately 655,000 electric customers in South Carolina and more than 1.2 million natural gas customers in South Carolina, North Carolina and Georgia.