State-owned power utility Santee Cooper’s board of directors voted this week to maintain and preserve equipment at the V.C. Summer construction site through at least Dec. 31.
In a release, the utility said its board also deemed equipment from the site to be surplus property and directed interim president and CEO James Brogdon to pursue its sale.
The Board first authorized measures to preserve the project equipment when it voted last year to suspend the project. The authorization was for one year and so would have expired at the end of this month.
Santee Cooper has contracted with Fluor Enterprises Inc. to develop and implement a maintenance, preservation and documentation plan for high-value equipment at the site. Fluor will preserve components for potential sale and maintain any associated quality assurance records necessary for the sale. Santee Cooper and Fluor signed an agreement with the Summer project majority owner SCANA on June 22 allowing site access to execute the maintenance, preservation and documentation work.
“No other utilities have shown interest in purchasing part or all of the Summer construction project, and so the Board authorized Santee Cooper today to pursue opportunities to sell the equipment and to protect that equipment and so maximize its value,” Brogdon said in the release. “As a subcontractor to Westinghouse for about 18 months, Fluor is familiar with the equipment, and their involvement will be an asset as we move forward with this plan.”