SCANA Corporation -- Moody's affirms SCANA and SCE&G ratings; outlooks remain stable

New York, March 16, 2015 -- Moody's Investors Service, ("Moody's") affirmed the ratings SCANA Corporation (SCANA, Baa3) and its largest operating subsidiary, South Carolina Electric & Gas Company (SCE&G, Baa2), ratings outlooks remain stable following the announcement of a filing with the South Carolina Public Service Commission (SCPSC) seeking approval for a material cost overrun associated with its new nuclear construction project, the V.C. Summer nuclear generating reactors Units 2 and 3, located in Jenkinsville, South Carolina. The rating affirmation reflects our expectation that the SCPSC will continue to be supportive of the V.C. Summer project, by providing timely cost recovery through the legal underpinnings incorporated in South Carolina's Base Load Review Act ("BLRA").

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