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130-401: In 2008, the utilities contracted with Westinghouse to build two AP1000 nuclear reactors for an estimated cost of $ 9.8 billion. The AP1000 design was unique because it relied on pre-fabricated parts which allowed for modular construction . In 2013, construction began at V. C. Summer. However, numerous delays occurred from 2014 to 2017 due to manufacturing errors and incompetence. In 2017,

260-470: A "rogue agency" due to its independence and financial problems. But the utility's debt consisting of $ 7 billion has complicated proposals. The legislature passed a law at the end of the 2020 session prohibiting Santee Cooper from "entering into agreements that could make it harder for the General Assembly to sell the state-owned utility" in 2021. In November 2020, Hugh Leatherman , the chairman for

390-495: A 2020 deadline. Neither shared this information with shareholders or state regulators. Additionally, Byrne and Marsh ensured that the Bechtel report sent to Santee Cooper lacked damaging information. The SEC has charged both Byrne and Marsh with securities fraud. The complaint alleges that: [Marsh and Byrne] claimed the project was on track even though they knew it was far behind schedule. This could make it unlikely to qualify for

520-488: A 390 billion yen ($ 3.4 billion) loss, mainly in its US nuclear business which was written down by 712 billion yen ($ 6.3 billion). On 14 February 2017, Toshiba delayed filing financial results, and Toshiba chairman Shigenori Shiga, formerly chairman of Westinghouse, resigned. Toshiba considered selling the Westinghouse nuclear business. On 29 March 2017, Toshiba's Westinghouse filed for Chapter 11 bankruptcy , citing

650-853: A Political Action Committee. Outside of North America, the Infrastructure unit's headquarters is located at the company's London office. The Mining & Metals unit is based out of Santiago, Chile, and Brisbane. In 2013, the company established its global center of engineering excellence in Dubai focusing on rail and marine projects. It established innovation centers in Houston and London in 2015 and Santiago in 2018 to test new technology. Bechtel works on global megaprojects through its four business units. The company frequently manages work from design through construction phases. Its corporate values include safety, quality, and ethics. Bechtel

780-595: A US$ 7.9   billion deal including debt. Brookfield Renewable and its institutional partners will own a 51% interest in Westinghouse, while Cameco will own remaining 49% as part of the deal. The acquisition was completed in November 2023. Although no longer associated with CBS Corporation (now Paramount Global ), Westinghouse Electric Company LLC has for some years used the trademarks owned by Westinghouse Electric Corporation , by then Viacom/CBS Corporation/ViacomCBS' brand management subsidiary, under license, as

910-522: A ban on the utility's practice of giving executives large severance packages. In May, 2021, NextEra rescinded its bid to purchase Santee Cooper. In June 2021, the General Assembly met in conference for a special session to reconcile the two reform proposals from both houses of the General Assembly. On June 8, the reform bill was signed into law, largely consisting of the Senate proposal. Santee Cooper will remain under state ownership. Further, consumers will have

1040-435: A cold shoulder response by Bechtel expressing they would simply cut-off water to those who did not pay. Further protests were enhanced when agricultural sectors realized the bylaws allowed Bechtel and the consortium rights to rain water as well, which was assumed to mean they could no longer collect rain water. Violence between protesters and police resulted in the burning of government buildings and hundreds of injured within

1170-538: A committee composed of members of the General Assembly to revisit a sale of Santee Cooper. The bill, which will be considered by the entirety of the House next, also includes "an amendment that would do away with NextEra as the preferred buyer" and "a provision for reforming Santee Cooper". On the Senate side of the General Assembly, the Senate Judiciary Committee, concerned about NextEra's behavior in

1300-537: A competitively-bid second contract in January 2004, and completed 97 of 99 task orders of the contract, returning the two remaining projects due to the escalating security concerns in the country. Following Hurricane Katrina in 2005, Bechtel was one of four companies hired by FEMA to build temporary housing. Bechtel delivered over 35,000 trailers in under a year for displaced residents in Mississippi , though

1430-480: A consortium named "Aguas del Tunari" (Water of Tunari – a local regional term) to file a bid to the city of Cochabamba , Bolivia in 1999. Bechtel was a 27% partner and Abengoa S.A. of Spain was a 25% partner. This bid was in response to the increasing pressure from the World Bank , which had funded and extended water supply projects for the country of Bolivia , to privatize the water utility of Cochabamba. With

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1560-439: A dearth in adequate supply chains. Ultimately, Westinghouse had to take over the construction of the units itself, something the company was not qualified for. Westinghouse's management of the construction proved to be calamitous. The construction site employed five thousand laborers, who built two new concrete plants on the site to continuously pour concrete as well as a seven-story-tall building to assemble structural modules. But

1690-659: A greater say in rate hikes and Santee Cooper will face greater accountability from state lawmakers. Most of the original state legislators who were serving in the General Assembly when the Base Load Review Act was passed are out of office. Some of their replacements in the state legislature, who were not in office at the time of its original passing, have faced criticism in the aftermath of the V. C. Summer failure, nonetheless. Observers believe state senator Luke Rankin’s association with Santee Cooper led him to have an unexpectedly tight primary race in 2020. Rankin

1820-426: A huge blow for the nuclear energy industry. At the time, construction on both units was only 30 percent complete but the majority of the reactor parts were on-site. Santee Cooper decided to halt construction against SCANA's wishes. The utilities announced that the halt in construction was due in part to a change in the energy industry brought on by more energy efficient technology and the natural gas boom. In July 2017,

1950-429: A lack of faith in its own technology. Finally, the record of UK governments building nuclear plants had been a commercial disaster. On October 16, 2006 the acquisition of Westinghouse Electric Company for $ 5.4 billion was completed, with Toshiba obtaining a 77% share, partners The Shaw Group a 20% share and Ishikawajima-Harima Heavy Industries Co. Ltd. a 3% share. On 13 August 2007 Toshiba sold 10% to Kazatomprom ,

2080-404: A natural unintended consequence" of the act. Governor Mark Sanford refused to sign the bill but after a five-day moratorium, the bill became law on May 3, 2007. Sanford's chief of staff later said that the Base Load Review Act "was probably the clearest case [he] could ever see of a special interest using all of its power and leverage to get something passed". From its inception to its enactment,

2210-464: A new board and increased oversight" the only option was to divest the state from the utility. Santee Cooper consumers will continue to pay an extra 5% per electricity bill over the next twelve years to pay off the utility's debt. The future of Santee Cooper was a priority of the 2021 legislative session. In the first week of the 2021 session, the House Ways and Means Committee passed a bill creating

2340-948: A new dynamic leaching pad and a mineral handling system. In 2015, the unit completed the Las Bambas copper concentrator in Peru for MMG , the Kitimat aluminum smelter in Canada for Rio Tinto Group ., and the Escondida Organic Growth Project 1 (OGP1), the largest single-line copper concentrator ever built. M&M also completed a third berth for the BHP Billiton Mitsubishi Alliance (BMA) at Hay Point Coal Terminal in Queensland, Australia, which increased export capacity from

2470-540: A new nuclear renaissance. The AP1000 design was seen as novel because of its simplified structure and use of pre-fabricated nuclear reactor parts that allowed for modular construction. Construction began on the units in 2013 after the design was approved by the Nuclear Regulatory Commission . However, contractors lacked the requisite experience because the nuclear power construction industry had stagnated for thirty years. The stagnation also led to

2600-565: A nuclear fuel fabrication plant at Västerås , Sweden which has provided nuclear fuel for Russian VVER-1000 nuclear reactors. In 2000 Westinghouse started development of fuel for customers in Finland and Hungary, supported by cheap Export–Import Bank of the United States loans, but the business remained small-scale in competition from cheaper Russian suppliers. A 2008 contract was agreed to supply VVER-1000 fuel; however, in trial use

2730-1098: A power transmission project in Canada , which included 1,200 new transmission towers and 85 miles (137 km) of transmission lines in 2013. Bechtel completed Phase I of an extension of the Dulles Corridor Metrorail in Northern Virginia and completed the Hamad International Airport in Doha , Qatar, in 2014. Bechtel also completed the world's largest solar thermal project, the Ivanpah Solar Electric Generating System in California , which began producing power in February 2014. In 2015, Bechtel began work as project manager of

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2860-599: A professional engineer sign off on them. SCANA received a memo from Westinghouse's deputy counsel which stated that the contractors did not have to follow South Carolina law because the company's federal license superseded the state's requirements. Executives at Santee Cooper claim they were not made aware of the Westinghouse memo. The legality of that memo is in question. Nonetheless, the blueprints were often faulty and resulted in "[d]elays, incorrect parts, thousands of engineering changes, and billions of dollars in wasted money". Santee Cooper and SCE&G hired Bechtel to audit

2990-617: A result of the Gulf War , Bechtel accepted the task of extinguishing oil well fires in Kuwait in 1991. This fire-suppression project was part of the effort to rebuild the infrastructure of Kuwait. In 1994, Bechtel began work on the US$ 20 billion Hong Kong Airport Core Programme , which was the largest civil engineering project at the time and included a new airport and nine other infrastructure projects. Bechtel's other major projects during

3120-621: A separate deal in Florida, requested more information from the utility concerning its bid in early January 2021. However, NextEra rejected to meet with the committee. On April 22, 2021, the South Carolina Senate overwhelmingly voted on a bill that would reform Santee Cooper. Included in the bill is a timeline to replace every member of the Santee Cooper board, regulations subjecting the utility to reviews and oversight, and

3250-498: A subsidiary of CBS Corporation. In July 2005, BNFL confirmed it planned to sell Westinghouse, then estimated to be worth $ 2 billion. This attracted interest from several companies, including Toshiba , General Electric and Mitsubishi Heavy Industries . When the Financial Times reported on January 23, 2006 that Toshiba had won the bid, it valued the company's offer at $ 5bn (£2.8bn). On February 6, 2006 Toshiba confirmed it

3380-579: A third of the unpaid taxes by turning over more than 2,900 acres of land which will ultimately become six new state parks. Following the V. C. Summer failure, the predominant issue facing the South Carolina General Assembly from 2018 until the COVID-19 pandemic in 2020 was whether to sell Santee Cooper or to reform the utility's management. The sale of the utility is favored by Governor McMaster. He has called Santee Cooper

3510-568: A yearly loss for Toshiba that could exceed $ 9 billion, almost three times its previous estimate. The projects responsible for this loss were mostly the construction of four AP1000 reactors at Vogtle in Georgia and Virgil C. Summer Nuclear Generating Station in South Carolina. The Wall Street Journal reported that the four nuclear reactors being built in the southeastern U.S. would be left to an unknown fate. In July, 2017,

3640-576: Is headquartered in Reston, which also houses the company's global operational headquarters, as well as the headquarters of the Nuclear, Security & Environmental global business unit and the Americas offices of the Infrastructure global business unit. The company's Oil, Gas & Chemicals unit is based in the Houston office. The Washington office is home to the government affairs team, and maintains

3770-661: Is intended to serve an estimated 200 million people a year upon completion. As of June 2015, the project is 65% complete. In 2016, Bechtel began construction on the first phase of the Edmonton Valley Line Light Rail Transit project in Alberta , Canada, the first public–private partnership (P3) business group. The company is also involved in several ongoing projects as of 2016, including building national infrastructure in Gabon and supporting

3900-553: Is leading a consortium in the engineering, procurement and construction of lines One and Two of the Riyadh, Saudi Arabia metro, which began construction in April 2014. In July 2014, Bechtel was selected to build a new 37-mile motorway linking Kosovo's capital, Pristina , to Macedonia . Bechtel is also participating in the building of London's Crossrail , a $ 24 billion project that will connect commuter towns east and west of London and

4030-505: Is ongoing. Federal prosecutors probed the V. C. Summer failure from 2017 to 2020. In July 2020, Byrne admitted to taking part in a conspiracy to hide damaging information from regulators as well as the public and therefore defrauding SCE&G customers. On November 24, 2020, Marsh announced he would also plead guilty to federal fraud charges. In December 2020, Marsh also pled guilty to an additional third charge: conspiracy to commit wire and mail fraud . Both men admitted to knowing that

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4160-491: Is the case with other Westinghouse licensees . In 2021, ViacomCBS sold the Westinghouse licensing operation (including trademarks) directly to the now-independent Westinghouse Electric Corporation. A revived interest in the nuclear power generation field in the late 1980s led to Westinghouse's development of the AP600 reactor which received NRC approval . Interest in the Westinghouse design, but with larger power output led to

4290-620: The Engineering News-Record ranked Bechtel as the second largest construction company in the United States , following Turner Construction . Bechtel's business activities began in 1898, when cattle farmer Warren A. Bechtel moved from Peabody, Kansas , to the Oklahoma Territory to construct railroads with his team of mules . Bechtel moved his family frequently between construction sites around

4420-530: The 2005 Indo-US nuclear deal , there was also hope that India's plan of massive investment in nuclear plants would help to revive the U.S. nuclear power industry. Reasons in favor of a sale were: The commercial risk of the company's business in Asia may have been too high for a company then owned by taxpayers; if Westinghouse won the bid for any new nuclear stations in a UK competition, questions may be raised of favoritism, but if it lost, it might have been seen as

4550-678: The Bay Area Rapid Transit (BART) system in 1959. Stephen D. Bechtel Jr. took over for his father as president of the company as Stephen Bechtel Sr. retired in 1960. During the 1960s and 1970s, Bechtel was involved in constructing 40% of the nuclear plants in the United States. In 1968, the company completed the largest nuclear plant in the U.S. at the time, the San Onofre Nuclear Generating Station , in California. In 1972, Bechtel

4680-853: The Experimental Breeder Reactor I in Idaho . The company later built the United States' first privately financed commercial nuclear power plant, the Dresden Generating Station , for Commonwealth Edison in Illinois in 1957. Other major projects in the 1950s included the Trans Mountain Pipeline in 1952, an oil pipeline in Canada , and a preliminary study for the English Channel in 1959. Bechtel also began engineering work on

4810-677: The Houston Galleria area; in 2022 the company announced it would move those offices to Westchase, Houston effective late 2023. The Infrastructure unit handles transportation , power, and hydroelectric facilities. Transportation projects include highways , bridges , rail , and aviation facilities. Bechtel has built more than 17,200 miles (27,700 km) of roadway, 390 power plants, 50 hydroelectric plants, as well as 20 towns and cities globally. It has worked on 300 subway and rail projects, 80 port and harbor projects, and 96 major airport projects. Bechtel's Infrastructure unit

4940-473: The Nuclear Regulatory Commission since 2005 said that computations submitted by Westinghouse about the building's design appeared to be wrong and "had led to more questions." He said the company had not used a range of possible temperatures for calculating potential seismic stresses on the shield building in the event of an earthquake, for example. The NRC asked Westinghouse not only to fix its calculations, but also to explain why it submitted flawed information in

5070-543: The Pittsburgh suburb of Cranberry Township, Pennsylvania . The company's main product is the AP1000 , a modern pressurized water reactor (PWR) design with many passive safety features and modular construction intended to lower construction time and cost. Twelve AP1000 reactors are currently in operation with a further nineteen in various stages of planning. The company was initially formed as CBS Corporation spun off

5200-606: The Southeastern U.S. Among completed projects, Bechtel finished a 10.8 miles (17.4 km) four-lane motorway in Kosovo a year ahead of schedule in November 2013. The unit completed the 143 MW Catalina Solar photovoltaic generating facility and the construction of the 250 MW California Valley Solar Ranch in 2013. Bechtel also completed the Hanna Region Transmission Development,

5330-578: The Sydney Metro project. Considered Australia's largest public infrastructure project, the work includes new twin rail tunnels under Sydney Harbour . Bechtel won the contract in August 2017 to design and build a 473-kilometer highway with 19 interchanges linking Nairobi, Kenya's capital, to Mombasa, Kenya's main port. The first section is targeted to open in October 2019 and the entire length of

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5460-646: The U.S. Securities and Exchange Commission for securities fraud . On October 7, 2021, Marsh was sentenced to two years in prison. Byrne was sentenced to fifteen months in prison on March 8, 2023. As of March 2023, two executives at Westinghouse have also been charged with crimes. However, due to Santee Cooper's limited involvement, no executives from that organization were charged with any crimes. In May, 2008, SCE&G (a subsidiary of SCANA) and Santee Cooper announced that they had signed an engineering, procurement and construction contract with Westinghouse to build two AP1000 nuclear reactors . The CEO of Santee Cooper cited

5590-527: The Vogtle Electric Generating Plant expansion, the first US build of the company's AP1000 design. It emerged from bankruptcy after being purchased by Brookfield Business Partners , a Canadian private equity fund. They sold it to a consortium of Brookfield Renewable Partners and Cameco , a Canadian nuclear fuel and services company. Renewable Partners is the current majority owner of Westinghouse. Westinghouse Electric Company

5720-654: The western United States for the next several years, eventually moving to Oakland, California , in 1904, where he worked as the superintendent on the Western Pacific Railroad . In 1906, W. A. Bechtel won his first subcontract to build part of the Oroville-to-Oakland section of the Western Pacific Railroad. That year he bought a steam shovel , becoming a pioneer of the new technology. He painted "W.A. Bechtel Co." on

5850-468: The western United States . The company worked on its first hydroelectric projects in the 1920s for Pacific Gas and Electric Company in California . In 1925, Warren, his sons Warren A. Bechtel Jr, Stephen , Kenneth (Ken), and his brother Arthur (Art) joined him to incorporate as W.A. Bechtel Company , which by this time was the leading construction company in the western United States. In 1929, Warren's son, Stephen, urged his father to embark on

5980-464: The $ 1,000 checks with lower rates for customers. Customers will continue to pay an extra $ 2.3 billion to cover the expansion costs over the next two decades. In 2021, Dominion Energy settled with the state tax agency on unpaid taxes owed due to the unfinished nuclear project at a cost of $ 165 million. As part of that settlement, the State and Dominion Energy agreed that Dominion would offset approximately

6110-1025: The 1990s included the Athens Metro system, the Atlantic LNG in Trinidad , the Croatian Motorway , the Jubilee Line Extension for the London Underground , Quezon Power Plant in the Philippines , and a semiconductor plant in China. Bechtel also managed design and construction of facilities for Olympic games: the 1992 Barcelona Summer Olympics , and the Winter Games in Nagano, Japan in 1998. In

6240-459: The Big Dig became more complex than was originally estimated. Criticism of the project increased in 2005 when a leak sprang in one of the new tunnels. In the summer of 2006, a faulty tunnel ceiling panel collapsed, killing a motorist. Litigation ensued, and in January 2008, Bechtel settled with federal and state officials for $ 352 million with other contractors involved paying smaller amounts. As

6370-510: The CEO resigning, Toshiba stated that the Westinghouse nuclear business was more profitable than at acquisition in 2006. In December 2016, Toshiba said it expected to write down its investment in Westinghouse by US$ 2.5 billion, adding that it was possible that their investment in Westinghouse could ultimately have a negative worth, due to cost overruns at U.S. nuclear reactors it was building. In February 2017, Toshiba revealed unaudited details of

6500-913: The Chinese supply chain. Westinghouse Electric Company fully owns several subsidiaries in Europe, such as the European Service Center, also called Westinghouse Electric Belgium located in Nivelles , Belgium, where equipment is prepared for projects throughout Europe. After Westinghouse's 1990 takeover of ABB Reaktor in Germany, it transferred radiological storage activities located in Ladenburg , Germany, to consolidate in Nivelles, which had to be extended. Soon afterwards another expansion

6630-751: The Energy Center in Monroeville, Pennsylvania , to Cranberry Woods in Cranberry Township, Butler County, Pennsylvania , as reported in a 2007 memo to its employees that stated the main reason was the rapid expansion of the global nuclear industry. Construction began in July 2007 and the move lasted from June 2009 to December 2010. The Repair, Replacement and Automation Services (RRAS) business segment moved to Cranberry Township earlier than other business segments to help alleviate space issues at

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6760-426: The FBI by Churchman was that Churchman had no role in relaying false completion projections to SCANA executives. He faces up to five years in prison. Assistant U.S. Attorney, Winston Holiday, has asserted that Churchman was a key witness in the ongoing investigation. In August 2021, another former Westinghouse executive, Jeffery A. Benjamin, was indicted for fraud and conspiracy. SCANA faced virulent criticism following

6890-443: The Rain with actor Gael García Bernal depicts a historical fiction story set in this time. The conflict became known as the Cochabamba Water War . Bechtel's major operational locations are in Brisbane , Calgary , Chandler, Arizona , Dubai , Houston , Knoxville, Tennessee , London , New Delhi , Reston, Virginia , San Francisco , Santiago , Shanghai , Nairobi , Taipei , and Washington, D.C. The company

7020-420: The Toronto-York Spadina subway extension for the Toronto Transit Commission . The project was completed in 2017. Bechtel completed construction of the Stonewall Energy Facility in May 2017. The 778 megawatt natural gas-fired power plant supplies electricity to 778,000 homes in northern Virginia and the Washington, D.C., metro area. Bechtel's work on the Carroll County Energy Facility in Ohio for Advanced Power

7150-437: The US, and several other customers had chosen the AP1000, if they were to build new nuclear plants, for a combined total of at least 14 new plants, announced by the NuStart Consortium, Duke Power, Progress Energy, Southern Nuclear and SCE&G. In May 2011 after the Fukushima Daiichi nuclear disaster , US government regulators found problems with the design of the shield building of the new reactors. Gregory Jaczko , chairman of

7280-427: The Westinghouse Power Generation Business unit was sold to Siemens of Germany. In 1999, CBS Corporation sold its nuclear business ( Westinghouse Electric Company ) to British Nuclear Fuels Limited (BNFL) and a year later CBS Corporation was merged into Viacom (1971–2005) , putting an end to the original Westinghouse. Legally, Westinghouse Electric Corporation still exists, mainly for the purpose of licensing, as

7410-450: The bill's legislative process was considered remarkably fast. From 2008 to 2016, SCE&G sought and received nine utility rate hikes to pay for the nuclear expansion. By 2017, SCE&G ratepayers had paid an additional $ 1.4 billion due to the hikes. A typical SCE&G consumer paid an extra $ 27 per electricity bill for the expansion, and a typical Santee Cooper consumer paid an extra $ 6.50. By 2018, South Carolina utility prices were among

7540-525: The change of the project to the AP1000 in 1999 and shortly after became the first Generation III+ reactor to receive final design approval from the NRC in 2004. As of 2014, four of these units are under construction in China, though the first was due to come on-line in November 2013. and has been delayed until December 2014. The delay due to the constantly changing, and consequently untested, design prompted Li Yulun, former vice-president of China National Nuclear Corporation, in 2013 to raise concerns over

7670-487: The co-owners of the V.C. Summer plant announced that the project was terminated. On September 24, 2017, the Post & Courier reported that Westinghouse had hired unlicensed workers to create mechanical and electrical blueprints for the V.C. Summer expansion without having a professional engineer sign off on them which was in violation of state law. The blueprints were often faulty and led to significant delays. The U.S. government had given $ 8.3 billion of loan guarantees on

7800-413: The collapse of the V. C. Summer expansion. The company was criticized for not having anyone with nuclear power experience on its board. The board itself was further criticized for either neglecting its financial oversight of the V. C. Summer project or for overseeing the incompetent management of the project. It was determined that throughout most of the project's existence, executives at SCANA knew

7930-404: The companies announced that they had made an agreement with Toshiba , Westinghouse's parent company, to release Westinghouse from its prior obligations for $ 2.2 billion. Further, in 2020, Santee Cooper and Westinghouse announced a separate agreement to sell the remaining reactor parts and to share in the profits. At the point of termination, SCE&G and Santee Cooper had invested $ 9 billion into

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8060-411: The company began work on the industrial city of Jubail in Saudi Arabia. The company's multiple construction contracts helped to transform the area from a small village to a city with a population of over a quarter of a million people. In the 1980s, Bechtel handled the project management of the 1984 Los Angeles Summer Olympics . The company also built the Ankara-Gerede Motorway in Turkey as part of

8190-399: The company diversified its projects and expanded its work into other countries. The company also focused on turnkey projects, a concept Stephen Bechtel Sr. pioneered, in which Bechtel handled a project from planning and design through construction. Bechtel's first job outside the U.S. was building the Mene Grande pipeline in Venezuela in 1940. In 1947, Bechtel began construction on what

8320-439: The company pulled out of the country and later filed suit against Bolivia for $ 25 million in losses. The claim was settled in 2006 for $ 0.30. In 2001, Bechtel began work on the Hanford Tank Waste Treatment and Immobilization Plant at the Hanford site in Washington state . The project is a highly complex plant for the treatment of radioactive liquid waste that has employed new technologies and construction techniques that are

8450-449: The company to bid for a contract to build half of their order of 60 cargo ships. The company had no prior experience in shipbuilding , but bid for the entire 60 ships. Between 1941 and 1945, Bechtel's wartime shipyards, including Marinship and Calship , built 560 vessels. Bechtel also worked on a pipeline from the Yukon to Alaska called Canol for the United States Department of War during this period. Under Stephen Bechtel Sr.,

8580-445: The company was criticized by officials and in the media for the cost and quality of work. In 2007, Bechtel began work on the Romanian A3 motorway (Autostrada Transilvania) and Albanian motorways. Bechtel and the Romanian National Roads Authority jointly agreed on a settlement to end the contract for works on the Autostrada Transilvania in 2013. The Albanian Motorway was opened to traffic in 2010 on schedule. Other major projects at

8710-494: The company's first pipeline project. Bechtel began working with California Standard Oil Company to build pipelines and refineries. In January 1931, Bechtel joined other contractors in the west to form Six Companies, Inc. , a consortium created to bid for a contract from the U.S. government to construct the Hoover Dam . Six Companies won the bid in March and construction began in the summer of 1931. Warren Bechtel died unexpectedly in 1933 while in Moscow on business. He

8840-421: The completion of the sale of Westinghouse's holding company to Brookfield Business Partners (a subsidiary of Canadian investment management company Brookfield Asset Management Inc.) and some partners for $ 4.6bn. In October 2022, Brookfield Renewable Partners (another subsidiary of Brookfield Asset Management) and Cameco announced the acquisition of Westinghouse Electric from Brookfield Business Partners in

8970-475: The construction delays from shareholders and regulators. The construction of the two units needed to be finished by 2020 in order to qualify for over $ 2 billion in federal tax credits. The viability of the project relied on receiving the tax credits. However, both men admitted that they knew the project was not going to be completed in time to qualify for the credits and that they hid that information from regulators and shareholders. Both men have also been indicted by

9100-417: The construction of nuclear reactors. The bill, sponsored by state senator Glenn McConnell , essentially allowed the utilities to shift the risk of the construction to ratepayers. Utilities would be able to file a request with the Public Service Commission to raise rates for plant construction. If the commission found the application to be "prudent", the commission would issue a project development order allowing

9230-448: The continuous development of Jubail industrial city in Saudi Arabia. Bechtel has worked at Jubail for more than 40 years, and was granted a five-year extension on both projects June 2016. In February 2017, Bechtel was chosen to support setting up and operating Saudi Arabia's National Project Management Office. In May 2017, Bechtel was appointed the delivery management partner for the tunnels and stations excavation package of Stage 2 of

9360-719: The country to fulfill European Commission directives regarding international competition, Westinghouse started to expand its business in France with a Westinghouse team located in Metz in charge of repair, replacement and automation services. By 2005, Westinghouse had 160 employees in France and two-thirds of Westinghouse's business in France was fuel supply. Westinghouse Electrique France is located in Orsay and Manosque near Marseille (engineering development). As of 2014, about 400 employees are part of Westinghouse in France. Westinghouse owns

9490-478: The different proposals. Westinghouse Electric Company Westinghouse Electric Company LLC is an American nuclear power company formed in 1999 from the nuclear power division of the original Westinghouse Electric Corporation . It offers nuclear products and services to utilities internationally, including nuclear fuel , service and maintenance, instrumentation, control and design of nuclear power plants . Westinghouse's world headquarters are located in

9620-468: The early 1980s. Combustion Engineering (now Westinghouse) entered into a ten-year technology transfer program with the Korean nuclear industry aiming at self-reliance, which was extended in 1997. In December, 2006, China's State Nuclear Power Technology Company (SNPTC) selected Westinghouse to provide four new AP1000 nuclear power plants. The first was due to come on line in 2013, but has been delayed until

9750-751: The early 2000s, the company provided planning and management services for the 2002 Winter Olympics in Salt Lake City . In 2001, Bechtel was part of a consortium to project manage the US$ 4.3 billion construction of the CSPC Nanhai Petrochemicals Complex in China . Several projects in the 2000s attracted controversy. In 2000, after a protest against water prices being raised by a utility partially owned by Bechtel in Bolivia ,

9880-638: The end of 2014. On 7 June 2016, Nuclear Power corporation of India have agreed to begin engineering and site design work for six nuclear power reactors in India and to conclude contractual agreements by June 2017. Westinghouse has been involved in South Africa through support of the Koeberg Nuclear Power Station since the 1990s, both reactors are Westinghouse-licensed. In 2007, Westinghouse acquired IST Nuclear (Pty) Ltd, and won

10010-742: The end of the 2000s included the twinning of the Tacoma Narrows Bridge in Washington state, Jamnagar Refinery expansion in India , Equatorial GuineaLNG , and Oak Creek Power Plant in Wisconsin . After years of unreliable water supply and 40% water loss in the city of Cochabamba , Bolivia, the World Bank pressured Bolivia to put SEMAPA (the Cochabamba water utility) up for auction without funding. Bechtel and others formed

10140-888: The engineering, procurement, and construction of a water system and desalination plant for the Escondida copper mine in Chile in 2018. The Bechtel-Techint joint venture team built a dual 112-mile-long pipeline to carry desalinated water from the Pacific Coast across the Atacama Desert to the Escondida copper mine approximately 10,000 feet above sea level in the Andes . The Energy unit designs and builds liquefied natural gas (LNG), oil , pipeline , petrochemicals , natural gas , and water treatment facilities. Since

10270-530: The estimated construction cost had grown to $ 25 billion. Westinghouse, hobbled by the costs of the V. C. Summer expansion and a separate project in Georgia , filed for Chapter 11 bankruptcy in March 2017. Several months later the project was abandoned by Santee Cooper and SCE&G's parent company, SCANA . Ratepayers continue to pay increased rates for the expansion despite its termination. The economic losses and subsequent public outrage drastically altered

10400-542: The existing 44 Mtpa to 55 Mtpa. Bechtel began building the Al Taweelah alumina refinery (formerly Shaheen) in Abu Dhabi , United Arab Emirates for Emirates Global Aluminium (EGA) in 2015. In April 2016, Aluminium Bahrain (Alba) announced that Bechtel had been appointed engineering, procurement, and construction management (EPCM) contractor for the company's Line 6 Expansion Project. The initiative will make Alba

10530-557: The final bidding process for new nuclear plants in South Africa, for which it signed an MOU in 2013. IST Nuclear provides services and systems for the pebble-bed reactor . Bechtel Bechtel Corporation ( / ˈ b ɛ k t əl / ) is an American engineering , procurement , construction , and project management company founded in San Francisco , California in 1898, and headquartered in Reston, Virginia . As of 2022 ,

10660-501: The financing of the four nuclear reactors being built in the U.S. Besides the issues with the AP1000 design, the fuel manufacturing division has been profitable, but not enough to cover corporate overheads and support the other divisions. Research and development investment in fuel manufacturing has been low, which has impacted the quality and comparative performance of its fuel compared to competitors. On 6 April 2018, Toshiba announced

10790-492: The first days of the conflict. The local governments of Manfred Reyes Villa (mayor) and Jose Pepe Orias (prefect or governor) resigned. The contract was ultimately abandoned, for which Bechtel in February 2021 demanded settlement. The aftermath of the violence was destruction of public property in downtown Cochabamba paid for by taxpayers, the death of one civilian, restitution by the government, and hundreds of injured police, military personnel, and protestors. A movie titled Even

10920-623: The first of their kind. As of 2013, it is considered the most complex project in the US. Management of the project has been the subject of controversy including the Department of Energy 's Inspector General reports and Government Accountability Office studies regarding rising costs, nuclear safety and quality, and whistleblower allegations. For example, in 2013 the DOE Inspector General concluded that "Bechtel determined that there

11050-526: The first place. Westinghouse countered that the "confirmatory items" that the commission was asking for were not "safety significant." In November 2011, the AP1000 Oversight Group published a report highlighting six areas of major concern and un-reviewed safety questions requiring immediate technical review by the NRC. The report concluded that certification of the AP1000 should be delayed until

11180-521: The fuel became deformed. In 2015, the European Union awarded $ 2 million in funding to a Westinghouse-led consortium to support the development of a more competitive fuel for the Russian built reactors. In 2018, the contract to supply VVER fuel was extended to 2025. In 2018, Westinghouse, under a further EU-funded project, started developing VVER-440 fuel. In October 2022, Westinghouse

11310-544: The future of both utilities. The total cost paid by both utilities in legal settlements to ratepayers and shareholders exceeded a billion dollars. The stock of SCANA, the only Fortune 500 company based in South Carolina, dramatically fell. Both SCANA and SCE&G merged with Dominion Energy in 2019. Until the COVID-19 pandemic , the largest issue debated in the South Carolina General Assembly

11440-570: The headquarters in Monroeville and was completed in spring of 2008. As part of this move, Westinghouse piloted the first commuter shuttle running an all-day loop between Monroeville and Cranberry Township. The shuttle ceased operation after Westinghouse formally closed, and sold their Monroeville facility in 2012. In 2015, concerns were expressed that the value of assets and goodwill in Westinghouse were overstated. Following an accounting scandal in which profits were overstated at Toshiba, leading to

11570-458: The highest in the country. This was made easier because in 2004 the General Assembly had gotten rid of the state's consumer advocate. The South Carolina Senate unanimously repealed the act on May 9, 2018. In June 2018, Governor Henry McMaster 's veto of the repeal was overridden by the General Assembly. Both utilities settled lawsuits as a result of the expansion's failure. Attorneys representing SCE&G ratepayers and shareholders settled with

11700-915: The highway is scheduled to be complete in 2024. In 2018, Bechtel's work on the Panda Power Funds ' 1.1 GW natural gas Hummel Station Power Plant in Pennsylvania was completed. Bechtel is also working on a project for Advanced Power, the Cricket Valley Energy Center in New York . Bechtel is also building the Keeyask Generating Station, a hydroelectric power plant for Manitoba Hydro in Manitoba , Canada. The Infrastructure unit had also worked on projects for Google Fiber in several markets in

11830-520: The national uranium company for the Republic of Kazakhstan , for US$ 540 million, leaving Toshiba with 67%. Kazatomprom's ownership was entirely passive, with no voting or veto rights or presence on the board of directors. In September, 2011, Toshiba was reported to be in talks to acquire the Shaw stake and both companies confirmed the story soon thereafter. Shaw CEO James Bernhard said , that Toshiba

11960-553: The network of roadways linking Europe and Asia in 1986. In 1987, Bechtel was awarded a contract for project management services of an undersea tunnel linking the UK and France called the Channel Tunnel or "Chunnel". The tunnel was completed in 1994. The recession of the 1980s turned the company's focus toward new areas of growth including environmental cleanup and alternative energy projects. In 1989 Riley P. Bechtel

12090-481: The original and current "unanswered safety questions" raised by the AP1000 Oversight Group are resolved. In December 2011, the UK's Office for Nuclear Regulation published a design assessment report on the AP1000 reactor which highlighted 51 'Generic Design Assessment' issues remaining that must be addressed before the assessment would be completed. In October 2013, US energy secretary Ernest Moniz announced that China

12220-537: The power supply of a local aluminum smelter. The judge stated that it violated state law granting Santee Cooper exclusive service over the aluminum smelter's site. Commentators and lawmakers cited the Nukegate scandal as a reason why the city utility should be allowed to supply the aluminum smelter's electricity. In March 2020, the U.S. Securities and Exchange Commission sued SCANA, SCE&G, Kevin Marsh (SCANA's CEO at

12350-413: The project in 2015. Bechtel's draft audit stated that the nuclear reactors would not be finished in time to collect the $ 2 billion in federal tax credits which the project relied on. However, in Bechtel's final report released in February 2016, the previous finding was removed from the audit at the request of an attorney working for both utilities. Relying on the impression that the reactors would qualify for

12480-457: The project would not qualify for crucial federal tax credits with a deadline in 2020, and that they hid this information from shareholders. Both men also admitted to providing false information in "earning calls, presentations and press releases" in order to benefit SCANA. They were made aware in 2015 that only 8% of the expansion had been completed and therefore V. C. Summer was unlikely to qualify for direly needed federal tax credits that had

12610-466: The project's viability was at risk. But the company lacked the necessary oversight to oversee the project. In 2018, Dominion Energy submitted a bid to purchase SCANA and SCE&G. The company offered and advertised a refund of $ 1,000 to customers. However, lawmakers realized that Dominion wanted to then recoup that money with higher rates over the next decade. In December 2019, Dominion Energy purchased SCANA and SCE&G with an updated bid that replaced

12740-534: The project. The announcement sent SCANA's stock reeling. The project became known as the largest business failure in the state's history. The subsequent federal investigation of the failure led to it being nicknamed "Nukegate", a phrase derived from the Watergate scandal . The failure was made possible by the Base Load Review Act that was passed by the South Carolina General Assembly in April, 2007. The act made it easier for electric utilities to charge ratepayers for

12870-425: The recommended bidder. However, Santee Cooper submitted a separate plan to the general assembly to save ratepayers $ 2.3 billion over the next twenty years by pivoting from coal power plants towards renewable energy. The utility also advocated for reform of its board to bring in more expertise, and for a more open rate-setting and construction process. Hugh Leatherman stated that without "meaningful reform that includes

13000-451: The remaining pieces of Westinghouse's industrial concerns, as part of Westinghouse's re-creation as a media company. Portions of their nuclear business were initially purchased by Siemens in 1998 before the remaining parts were purchased by British Nuclear Fuels Limited (BNFL) in 1999 and formed up as Westinghouse Electric. In 2005, BNFL sold the company to Toshiba . The company went bankrupt in 2017 primarily due to ongoing cost overruns at

13130-483: The safety standards of the plant. Citing a lack of operating history, he questioned the manufacturer's assertion that the AP1000 reactor's "primary system canned motor pumps" were "maintenance-free" over 60 years, the assumed life of the reactor, and noted that Westinghouse had yet to receive approval from British authorities on an improved version of AP1000. As of 2019 all four AP1000 reactors in China are operating. As of January 2009, six AP1000 plants had been ordered in

13260-530: The senate finance committee, called for the chairman of Santee Cooper to resign after the utility entered into a $ 638 million debt deal. Leatherman stated the deal may have violated state law. From at least 2017 to April 2021, the Santee Cooper board was without a permanent chairman. Several companies submitted bids to purchase the utility and in February 2020, the South Carolina Department of Administration chose NextEra Energy of Florida as

13390-563: The side of the steam shovel, effectively establishing Bechtel as a company, although it was not yet incorporated. Bechtel completed work on a series of railroad contracts during the early 1900s, culminating in an extension of the Northwestern Pacific Railroad finished in 1914. Starting with the construction of Klamath River Highway in California in 1919, Bechtel ventured into jobs other than building railroads. The company built roads, bridges, and highways throughout

13520-503: The site lacked a fully-integrated construction schedule and the pre-fabricated nuclear reactor parts that arrived on-site had been manufactured incorrectly, which caused significant delays. In 2008, the initial cost estimate of the expansion was $ 9.8 billion, but by 2017 it had ballooned to $ 25 billion. During the construction process, Westinghouse and other contractors at V. C. Summer violated state law by having unlicensed workers create mechanical and electrical blueprints without having

13650-416: The state's projected growth as a determining factor for increasing the utility's energy capacity. Both utilities were joint owners (SCE&G owned 55 percent, Santee Cooper owned 45 percent) in the project and shared operating costs. The two reactors, with an estimated cost of $ 9.8 billion, would be the first built in the United States in the last thirty years and were heralded as leading the United States into

13780-547: The strings attached in 1995, and the World Bank participating in draft bids in 1997, the Aguas del Tunari consortium were the only bidders for the auction. The bid was accepted, under pressure of the World Bank and the conditions of their loans to Bolivia. The terms were ratified in the often-cited Law 2029 by the legislative body of Bolivia, however largely it had previously been accepted and influenced by local governments. Under

13910-465: The tax credits, the state Public Service Commission approved an $ 800 million increase in the project's budget as well as a fixed-price contract with Westinghouse. On March 31, 2017, Westinghouse filed for Chapter 11 bankruptcy due to the costs incurred from both the V. C. Summer expansion as well as the construction of two additional units in Burke County, Georgia . The bankruptcy was seen as

14040-488: The tax credits. A SCANA executive said that officers of the company "flew around the country showing the same . . . construction pictures from different angles and played our fiddles" while the project itself "was going up in flames." SCANA abandoned the project in mid-2017 with neither nuclear unit completed. The false statements and omissions enabled SCANA to boost its stock price, sell more than $ 1 billion in bonds, and obtain regulatory approval to raise customers' rates. Marsh

14170-460: The terms, Bechtel and the consortium immediately raised water pricing 35% and after the first month they had raised the price for water to the residents by almost 60% and in other parts much higher. The Bechtel consortium contract claimed harvesting of rainwater violated its contract essentially monopolizing the supply of water to millions of people. Water became one fifth of the average person's expenses and protests erupted. Protests were met with

14300-551: The time), and Steve Byrne (a former SCANA vice president) for repeatedly deceiving investors. The complaint alleged that the parties misled investors by claiming that the project would qualify for more than $ 1 billion in federal tax credits. On December 2, 2020, the SEC announced that SCANA and SCE&G agreed to settle the claims against them for $ 112.5 million in disgorgement fees as well as a $ 25 million penalty to be paid by SCANA (now Dominion Energy). The litigation against Marsh and Byrne

14430-806: The unit completed construction of Saudi Arabia 's first aluminum smelter in Ras Al-Khair , the Daunia coal mine in Queensland, Australia, and the expansion of the Kooragang Coal Terminal in Port Waratah in Australia, increasing capacity to 145 million tonnes per annum (Mtpa). In 2014, M&M completed the Caval Ridge coal mine in Queensland, and began operations at Escondida's OLAP copper cathode project, which consisted of

14560-460: The utility for $ 392.5 million ($ 200 million would be for ratepayers and $ 192.5 million for shareholders). Santee Cooper settled with its ratepayers and local electric co-operatives for $ 520 million. And in December 2020, the utility settled with investors who purchased bonds from the utility for $ 2 million. In 2020, a judge struck down the city of Goose Creek 's attempt to annex and then take over

14690-493: The utility to increase rates. However, the statute did not define what was or was not "prudent". Critics of the act argued that "any management decision by the utility that impact[ed] the cost and schedule of the project" essentially had to be "deemed prudent by the Public Service Commission if it advance[d] the completion of the project", and that this resulted in "cost overruns and schedule delays [becoming]

14820-494: The world's largest single-site aluminum smelter upon completion, boosting production to 1.5 Mtpa. That same month, Rio Tinto announced that Kitimat had reached full production levels of 420,000 tonnes per annum, while Las Bambas achieved commercial production in July 2016. As of 2016, Bechtel is advancing the Amrun bauxite initiative for Rio Tinto in Australia, which announced project approval in November 2015. Bechtel completed

14950-455: Was a systemic problem and a breakdown in controls over the review of design changes", but that the company had taken steps to correct the problems. In 2003, Bechtel won a $ 680 million contract to begin rebuilding infrastructure in Iraq for U.S. Agency for International Development . The contract led to the company being accused of both non-competitive bidding and war profiteering . Bechtel won

15080-843: Was also completed in 2017. In 2018, the unit completed a new air passenger terminal in Muscat , Oman. In May 2022, Bechtel was hired to update the Vision 2041 plan for Shannon Foynes Port in Ireland. The Mining & Metals (M&M) unit works on projects related to the mining and production of materials such as aluminum , coal , copper , iron ore , alumina and other metals and minerals. The unit operates on six continents and has completed hundreds of major mining projects as well as more than 1,000 mining studies. It has also finished 42 major copper projects, 30 aluminum smelters , 15 major coal projects, and eight alumina refinery projects. In 2013,

15210-517: Was buying Westinghouse Electric Company for $ 5.4bn and announced it would sell a minority stake to investors. The sale surprised many industry experts who questioned the wisdom of BNFL selling one of the world's largest producers of nuclear reactors shortly before the market for nuclear power was expected to grow substantially; China , the United States and the United Kingdom were all expected to invest heavily in nuclear power. After

15340-429: Was forced into a run-off which he ultimately won. Additionally, Governor McMaster has faced criticism for how he has handled the future of Santee Cooper. The Coastal Conservation League criticized the General Assembly's consumer-centric approach when considering the future of Santee Cooper. The organization has claimed that the legislature has failed to evaluate potential consequences to the climate potentially caused by

15470-443: Was formed in 1999, after the original company with that name, George Westinghouse 's Westinghouse Electric , founded in 1886, ceased to exist due to a series of divestitures and mergers through the mid-to-late 1990s. These included Westinghouse Electric's purchase of CBS in 1995, expansion into communications and broadcasting, and the selling off of most non-broadcast operations by 1998, renaming itself CBS Corporation . In 1998,

15600-468: Was involved in approximately 20% of all of the United States' new power-generating capacity. By the end of the decade, the company had moved from nuclear power construction toward nuclear cleanup projects, including Three Mile Island in 1979. Bechtel completed work on other megaprojects during the 1970s, including major airports in Saudi Arabia and the metro rail in Washington, D.C. In 1976,

15730-432: Was named president of the company. In 1991, Bechtel, in a joint venture with Parsons Brinckerhoff , broke ground on Boston's Central Artery/Tunnel Project or " Big Dig ", a project the company had been in charge of since 1986. The Big Dig was, at the time, the largest and most complex urban transportation project ever undertaken in the US. The 20-year project was critiqued for rising costs and increasing scope of work, as

15860-574: Was necessary as employees in the Brussels office were transferred to Nivelles. It was estimated that 200 people were working in Nivelles at the end of 2011. In 2001, Westinghouse took over Logitest in Les Ulis , France, one of 3 companies qualified to inspect nuclear steam generator plants for Électricité de France . After the French nuclear market partially opened in 2004 to suppliers from outside

15990-583: Was paying US$ 1.6 Bn for the Shaw-owned 20% stake, and that it was the 50% rise in the yen on its yen-denominated debt over five years, which had led it to exercise its sale option. Toshiba said in late 2012 it was open to, and considering, having other partners invest in the business. The purchase closed in January 2013, and brought Toshiba's share in the company to 87% as a result of Shaw exercising its option. After several years of doing business there, Westinghouse decided to move its world headquarters from

16120-544: Was selected to build Poland's first nuclear power plant based on three AP1000 reactors, with possibly a further three at a later date. Westinghouse also has business locations in Italy, Germany, Spain, the UK, Russia, and Bulgaria. In South Korea, Westinghouse has been involved in the construction of new nuclear plants since 1972, with the first plant Kori Nuclear Power Plant starting up in 1977 and in commercial operation in 1978, followed by eight reactors under construction in

16250-429: Was sentenced to two years in a federal prison on October 7, 2021 on charges of conspiracy to commit mail and wire fraud, and on October 11, 2021 he began to serve a two year state sentence concurrently as part of a plea deal. Byrne was sentenced to fifteen months in prison on March 8, 2023. On June 10, 2021, a former Westinghouse vice president, Carl Churchman, pled guilty to lying to federal investigators. The lie told to

16380-564: Was succeeded by his oldest son, Warren A. Bechtel Jr., first, then later Stephen Bechtel Sr. , who became both the head of Bechtel and chief executive of the Hoover Dam project. Under his leadership, the Hoover Dam was finished in 1935. The project was the largest of its kind in U.S. history at the time and Bechtel's first megaproject . During World War II , the United States Maritime Commission invited

16510-600: Was the presenting sponsor of "Dream Big: Engineering Our World", a 42-minute IMAX documentary produced by MacGillivray Freeman Films in partnership with American Society of Civil Engineers. The documentary seeks to inspire young people to pursue engineering careers. Bechtel opened its welding and applied technology center in 2017 in the Houston Energy Corridor to train welding and construction workers. The center also provides virtual training and augmented reality to train workers. Its Houston offices were in

16640-738: Was then the world's longest oil pipeline, the Trans-Arabian Pipeline , which began in Saudi Arabia , ran across Jordan and Syria , and ended in Lebanon , followed by the Kirkuk–Baniyas pipeline from Kirkuk, also to the Mediterranean. The company continued to expand globally throughout the 1940s, particularly in the Middle East . In 1949, Bechtel began working with nuclear power after being contracted to build

16770-411: Was to supply components to the US nuclear power plants under construction as part of a bilateral co-operation agreement between the two countries. Since China's State Nuclear Power Technology Co (SNPTC) acquired Westinghouses's AP1000 technology in 2006, it has developed a manufacturing supply chain capable of supplying international power projects. Industry analysts have pointed out that there are gaps in

16900-462: Was whether or not to privatize Santee Cooper. In 2021, the General Assembly ultimately decided to reform the organization instead. Santee Cooper will remain under state ownership. However, its board will undergo change. As a result of Nukegate, two SCANA executives, CEO Kevin Marsh, and Vice President Stephen Byrne, pleaded guilty for fraud after being charged with the crime by the U.S. Attorney's office. Their crimes centered around their efforts to hide

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