SCE&G Proposes Electric Generation Facility in Jasper County, SC

Apr 10, 2001, 01:00 ET from SCANA Corporation

    COLUMBIA, S.C., April 10 /PRNewswire/ -- South Carolina Electric & Gas
 Company (SCE&G), the principal subsidiary of SCANA Corporation (NYSE:   SCG),
 announced today that it is developing plans to construct a 500 to 600 megawatt
 combined cycle natural gas-fueled power plant in Jasper County, SC, to supply
 electricity to its South Carolina customers beginning in the summer of 2004.
 The facility will use clean burning natural gas and the latest technology to
 comply with today's stringent environmental regulations.
     The proposed generation facility is estimated to cost between $250 million
 and $300 million and would be sited on property in Jasper County off of
 Purysburgh Road between the towns of Hardeeville and Tillman.  While the plant
 facilities will occupy approximately 50 acres of property, SCE&G is procuring
 an estimated 500 acres for the plant site to provide for future expansion and
 ensure a wide buffer around the facility.
     "This generation facility is an important piece of our overall power
 supply strategy to continue to provide reliable, affordable electricity to our
 customers," said SCE&G President Neville Lorick.  "While we are considering
 several locations for building new generation, Jasper County has been
 extremely receptive to working with us.  This area has strong growth potential
 and we believe our power plant would provide an anchor for future development
 opportunities."
     "Locally, this facility will strengthen Jasper County's economy, and on a
 state-wide basis it will enable us to meet the state's growing power needs
 with clean and reliable generation," said Lorick.
     "SCANA's $250 million investment will propel South Carolina's rural
 economy into fast-forward by attracting and keeping industries here," said
 Governor Jim Hodges.  "This is the day that Jasper County turns the corner for
 economic development, strengthening its ability to provide energy
 infrastructure for new economy jobs."
     "Developing our state to compete in a high-tech environment means having
 the tools to be successful," said Secretary of Commerce Charles S. Way, Jr.
 "Today, SCANA provides South Carolina with efficient and reliable energy
 resources so that our state will be able to compete for many years to come."
     It is projected that the facility would be operational by the summer of
 2004.  Siting and permitting would take place through April 2002, with an
 estimated two-year construction schedule.
     Once in operation, the plant would employ between 20 and 30 full-time
 personnel.
     "This will be one of the most significant industry investments in Jasper
 County's history," said Zenie Ingram, executive director of the Jasper
 Economic Development Board.  "The potential tax revenues from this facility
 will provide significant funding that can go towards upgrading county
 infrastructure and schools, both critical factors to attracting additional
 industries and jobs."
     SCE&G is a subsidiary of SCANA Corporation, a Fortune 500 energy-based
 holding company headquartered in Columbia, SC.  SCE&G provides electric
 service to more than 537,000 customers in 20 central and southern counties in
 South Carolina.  Information about SCANA and its businesses is available on
 the Company's web site at www.scana.com.
 
     This press release includes forward-looking statements within the meaning
 of Section 27A of the Securities Act of 1933, as amended, and Section 21E of
 the Securities Exchange Act of 1934, as amended.  Those statements include
 statements regarding the intent, belief or current expectations of the Company
 and its management.  Although SCANA Corporation believes that its expectations
 are based on reasonable assumptions, it can give no assurance that its goals
 will be achieved.  Readers are cautioned that any such forward-looking
 statements are not guarantees of future performance and involve a number of
 risks and uncertainties that could cause actual results to differ materially
 from those indicated by such forward-looking statements including, but not
 limited to, the following important factors: (1) that the information is of a
 preliminary nature and may be subject to further and/or continuing review and
 adjustment, (2) changes in the utility regulatory environment, (3) changes in
 the economy, especially in areas served by the Company's subsidiaries, (4) the
 impact of competition from other energy suppliers, (5) growth opportunities
 for the Company's regulated and diversified subsidiaries, (6) the results of
 financing efforts, (7) changes in the Company's accounting policies, (8)
 weather conditions, especially in areas served by the Company's subsidiaries,
 (9) performance of and marketability of the Company's investments in
 telecommunications companies, (10) inflation, (11) changes in environmental
 regulations and (12) the other risks and uncertainties described from time to
 time in the Company's periodic reports filed with the Securities and Exchange
 Commission.  The Company disclaims any obligation to update any forward-
 looking statements.
 
 

SOURCE SCANA Corporation
    COLUMBIA, S.C., April 10 /PRNewswire/ -- South Carolina Electric & Gas
 Company (SCE&G), the principal subsidiary of SCANA Corporation (NYSE:   SCG),
 announced today that it is developing plans to construct a 500 to 600 megawatt
 combined cycle natural gas-fueled power plant in Jasper County, SC, to supply
 electricity to its South Carolina customers beginning in the summer of 2004.
 The facility will use clean burning natural gas and the latest technology to
 comply with today's stringent environmental regulations.
     The proposed generation facility is estimated to cost between $250 million
 and $300 million and would be sited on property in Jasper County off of
 Purysburgh Road between the towns of Hardeeville and Tillman.  While the plant
 facilities will occupy approximately 50 acres of property, SCE&G is procuring
 an estimated 500 acres for the plant site to provide for future expansion and
 ensure a wide buffer around the facility.
     "This generation facility is an important piece of our overall power
 supply strategy to continue to provide reliable, affordable electricity to our
 customers," said SCE&G President Neville Lorick.  "While we are considering
 several locations for building new generation, Jasper County has been
 extremely receptive to working with us.  This area has strong growth potential
 and we believe our power plant would provide an anchor for future development
 opportunities."
     "Locally, this facility will strengthen Jasper County's economy, and on a
 state-wide basis it will enable us to meet the state's growing power needs
 with clean and reliable generation," said Lorick.
     "SCANA's $250 million investment will propel South Carolina's rural
 economy into fast-forward by attracting and keeping industries here," said
 Governor Jim Hodges.  "This is the day that Jasper County turns the corner for
 economic development, strengthening its ability to provide energy
 infrastructure for new economy jobs."
     "Developing our state to compete in a high-tech environment means having
 the tools to be successful," said Secretary of Commerce Charles S. Way, Jr.
 "Today, SCANA provides South Carolina with efficient and reliable energy
 resources so that our state will be able to compete for many years to come."
     It is projected that the facility would be operational by the summer of
 2004.  Siting and permitting would take place through April 2002, with an
 estimated two-year construction schedule.
     Once in operation, the plant would employ between 20 and 30 full-time
 personnel.
     "This will be one of the most significant industry investments in Jasper
 County's history," said Zenie Ingram, executive director of the Jasper
 Economic Development Board.  "The potential tax revenues from this facility
 will provide significant funding that can go towards upgrading county
 infrastructure and schools, both critical factors to attracting additional
 industries and jobs."
     SCE&G is a subsidiary of SCANA Corporation, a Fortune 500 energy-based
 holding company headquartered in Columbia, SC.  SCE&G provides electric
 service to more than 537,000 customers in 20 central and southern counties in
 South Carolina.  Information about SCANA and its businesses is available on
 the Company's web site at www.scana.com.
 
     This press release includes forward-looking statements within the meaning
 of Section 27A of the Securities Act of 1933, as amended, and Section 21E of
 the Securities Exchange Act of 1934, as amended.  Those statements include
 statements regarding the intent, belief or current expectations of the Company
 and its management.  Although SCANA Corporation believes that its expectations
 are based on reasonable assumptions, it can give no assurance that its goals
 will be achieved.  Readers are cautioned that any such forward-looking
 statements are not guarantees of future performance and involve a number of
 risks and uncertainties that could cause actual results to differ materially
 from those indicated by such forward-looking statements including, but not
 limited to, the following important factors: (1) that the information is of a
 preliminary nature and may be subject to further and/or continuing review and
 adjustment, (2) changes in the utility regulatory environment, (3) changes in
 the economy, especially in areas served by the Company's subsidiaries, (4) the
 impact of competition from other energy suppliers, (5) growth opportunities
 for the Company's regulated and diversified subsidiaries, (6) the results of
 financing efforts, (7) changes in the Company's accounting policies, (8)
 weather conditions, especially in areas served by the Company's subsidiaries,
 (9) performance of and marketability of the Company's investments in
 telecommunications companies, (10) inflation, (11) changes in environmental
 regulations and (12) the other risks and uncertainties described from time to
 time in the Company's periodic reports filed with the Securities and Exchange
 Commission.  The Company disclaims any obligation to update any forward-
 looking statements.
 
 SOURCE  SCANA Corporation