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Investigating the Overlooked

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South Carolina Spent $9 Billion on Two Nuclear Reactors and Got Zero Power. Four Executives Went to Prison for Lying About It. In 2025, a Private Equity Firm Offered to Finish What They Started.
SCANA and Santee Cooper spent nine years and nine billion dollars building two nuclear reactors that never produced power, then executives went to prison for lying about it the whole time. Eight years after the walls went quiet, a private equity firm is now evaluating whether to finish what they started.
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The equity stake used to be rare — three precedents explain why it's back
Since July 2025 the federal government has taken direct equity positions in at least four companies -- Intel, MP Materials, GlobalFoundri...
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