BRIEF-Santee Cooper Approves MoU With Brookfield Asset Management To Proceed With Feasibility Study

Reuters
Dec 09
BRIEF-Santee Cooper Approves MoU With <a href="https://laohu8.com/S/BAM">Brookfield Asset Management</a> To Proceed With Feasibility Study

Dec 8 (Reuters) - Santee Cooper:

  • SANTEE COOPER: APPROVES MOU WITH BROOKFIELD ASSET MANAGEMENT TO PROCEED WITH FEASIBILITY STUDY

  • SANTEE COOPER: DEAL TERMS INCLUDE $2.7 BILLION IN CASH TO SANTEE COOPER SHOULD PARTIES REACH FINAL INVESTMENT DECISION

  • SANTEE COOPER: DEAL TERMS INCLUDE TARGETED 25% OWNERSHIP FOR SANTEE COOPER WITH PROPORTIONAL CAPACITY ONCE AP1000 UNITS BEGIN COMMERCIAL OPERATION

((Reuters.Briefs@thomsonreuters.com;))

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