Executive gets 15 months in prison in doomed nuclear project

KIFI

Published March 8, 2023 11:52 AM

By JEFFREY COLLINS
Associated Press

COLUMBIA, S.C. (AP) — A former executive utility who gave rosy projections on the progress of two nuclear power plants in South Carolina while they were hopelessly behind will spend 15 months in prison for the doomed project. Ex-SCANA Corp. Executive Vice President Stephen Byrne apologized in court Wednesday, saying he thinks about how he let down customers, shareholders, employees, taxpayers and his family almost every day. Byrne is the second SCANA executive to head to prison for the nuclear debacle. Former CEO Kevin Marsh was sentenced to two years in prison in October 2021 and released this month after serving about 17 months.

Article Topic Follows: AP National Business

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