Santee Cooper approves $9 million in loans

  • Wednesday, July 2, 2014

The Santee Cooper Board of Directors approved $9 million in loans last week to advance five industrial development projects across the state.

The loans support projects representing a total $17.5 million in infrastructure investment when local financing is included.

The projects benefit job recruitment in Bluffton, Rock Hill and the counties of Aiken, Clarendon and Dillon.

“With today’s board actions, Santee Cooper has now invested more than $32 million in industrial infrastructure loans since 2012. Through these loans, we are helping local, often rural, communities build facilities that will attract modern industry and create good jobs for South Carolinians,” said Lonnie Carter, Santee Cooper president and CEO.

Santee Cooper is South Carolina’s largest power producer, the largest Green Power generator and the ultimate source of electricity for 2 million people across the state. To learn more, visit www.santeecooper.com.

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