SCANA Corporation's shareholders have approved the takeover of SCANA by the US energy utility Dominion Energy, achieving another significant milestone in the merger process, following approval by the Federal Energy Regulatory Commission, the Georgia Public Service Commission, and early termination by the Federal Trade Commission of the 30-day waiting period under the federal Hart-Scott-Rodino Antitrust Improvements Act. The merger still requires approvals from the Public Service Commissions of South Carolina and North Carolina and authorization of the Nuclear Regulatory Commission and is scheduled for completion by the end of 2018.
As agreed in January 2018, SCANA will operate as a wholly-owned subsidiary of Dominion Energy. The combined company will carry out operations in 18 states from Connecticut to California. It will have an installed power capacity of 33,000 MW and will operate 93,600 miles (150 600 km) of power transmission and distribution lines along with 106,400 miles (171,200 km) of gas pipelines and 1 Tcf (28 bcm) of gas storage capacity. Besides, the new company will also deliver energy to approximately 6.5 million regulated customer accounts in eight US states.
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