SCANA Intends to Discuss Toshiba Disclosures on the Company's Fourth Quarter Earnings Call on February 16, 2017

CAYCE, S.C., Jan. 25, 2017 /PRNewswire/ -- SCANA Corporation (NYSE: SCG) (SCANA) announced on January 17, 2017, that its 2016 earnings call is scheduled on February 16, 2017 at 3:00 PM (Call In Number: U.S. 888-347-3258; Canada: 855-669-9657; International 412-902-4279).  As has been the case with prior earnings calls, SCANA would expect to discuss matters relating to the status of the two nuclear units being built for its primary subsidiary, South Carolina Electric & Gas Company.  Toshiba Corporation (Toshiba) is the parent company of Westinghouse Electric Company, which is the engineering, procurement, and construction contractor for the two new nuclear units in Jenkinsville, SC.  On January 24, 2017, Toshiba issued a press release stating that on February 14, 2017, in conjunction with its announcement of earnings results for its third quarter ended December 31, 2016, it plans to discuss goodwill impairment associated with the nuclear construction projects in the U.S., and to explain the impact of the current issue and its causes and countermeasures.  SCANA expects the discussion during its earnings call on February 16, 2017 will take into account relevant information disclosed by Toshiba by February 14, 2017.

PROFILE
SCE&G is a regulated public utility engaged in the generation, transmission, distribution and sale of electricity to approximately 707,000 customers in South Carolina. The company also provides natural gas service to approximately 353,000 customers throughout the state. More information about SCE&G is available at www.sceg.com.

SCANA Corporation, headquartered in Cayce, S.C., is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. The company serves approximately 707,000 electric customers in South Carolina and approximately 1.3 million natural gas customers in South Carolina, North Carolina and Georgia. Information about SCANA and its businesses is available at www.scana.com. 

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SOURCE SCANA Corporation