Dominion is ‘Bluffing’ over Doomsday Scenario in Deal to Buy SCANA, Lawmakers Say
Wednesday, January 17th, 2018
South Carolinians will face a dark and uncertain energy future if state lawmakers block Dominion Energy’s buyout of Cayce-based SCANA, the Virginia-based utility told a state Senate committee Tuesday.
But state senators promptly called Dominion’s doomsday scenario a “bluff,” some adding they don’t support the $14.6 billion deal offered “with a gun” to lawmakers’ heads.
“There’s a lot of spin going on. There’s a lot of bluffing,” said Senate Majority Leader Shane Massey, R-Edgefield, who co-chairs the special Senate committee. “This is high-stakes poker.”
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