Dominion Energy, SCANA gets approval for next steps toward potential merger

LIVE: 1-on-1 interview with Dominion Energy
Chet Wade, VP of Corporate Communications, who will be here for the Facebook Live Town Hall event tomorrow evening from 6p – 7:30pm.
Chet Wade, VP of Corporate Communications, who will be here for the Facebook Live Town Hall event tomorrow evening from 6p – 7:30pm.

(WIS) - The Federal Energy Regulatory Commission, or FERC, has approved the proposed merger between Virginia-based Dominion Energy and SCANA this week, according to the companies.

This latest step is being called "another significant milestone" toward the proposition.

The order was issued by FERC on July 12 and the commission "found the combination of the two companies 'is consistent with the public interest and is authorized.'"

You can read the rest of the statement below:

We are pleased by the FERC's considered and timely action," said Thomas F. Farrell, II, Dominion Energy chairman, president, and CEO. "It brings us closer to providing a brighter energy future for customers, communities, and others served by the SCANA companies. We will continue working toward achieving the other required regulatory approvals and completing our transaction by the end of this year."

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