In the US, the Georgia Public Service Commission has allowed the merger of Dominion Energy and SCANA Corporation.
Thomas F. Farrell, II, CEO at Dominion Energy, said: “This is an important step in bringing a brighter energy future to customers, communities and others served by the SCANA companies. We look forward to receiving the additional required regulatory approvals and completing our transaction by the end of this year.”
The closure of the deal is awaiting approval from shareholders of SCANA and greenlights from public service commissions of South Carolina and North Carolina and of the Nuclear Regulatory Commission and the Federal Energy Regulatory Commission.
The Georgia Public Service Commission is the first energy regulator to approve the proposal.
The merger allows the two utilities to combine energy services to 6.5 million customer accounts and own 31,400MW of generation capacity, 93,600 miles of energy transportation lines, 106,400 miles of natural gas pipeline and natural gas storage systems comprising 1 trillion cubic feet of capacity.
Dominion Energy owns 26,000MW of electric generation, 14,800 miles of natural gas transmission, and 6,600 miles of electric transmission lines. Dominion provides energy to serves nearly 6 million utility and retail energy customers.
SCANA provides electricity and gas through its subsidiaries including SCE&G and PSNC Energy