What is the main purpose of this 8-K filing?

This 8-K filing is to announce that the Nuclear Regulatory Commission (NRC) has approved the indirect transfer of operating licenses for the V.C. Summer nuclear units from SCANA Corporation's subsidiary to Dominion Energy. This is a significant step towards the completion of Dominion's acquisition of SCANA.

Why is the NRC approval for the V.C. Summer nuclear licenses important?

The NRC approval is a critical condition that must be met for the merger agreement between Dominion Energy and SCANA to be completed. Without this approval, the acquisition could not proceed as planned.

What are the potential risks associated with this transaction mentioned in the filing?

The filing highlights several risks, including the uncertainty of the transaction's completion, potential delays or abandonment due to the inability to obtain necessary regulatory approvals, failure to satisfy closing conditions, and the risk of interference from unsolicited offers for SCANA's assets or stock.

When was the original merger agreement between Dominion Energy and SCANA signed?

The Agreement and Plan of Merger between Dominion Energy, Inc., Sedona Corp., and SCANA Corporation, Inc. was dated January 2, 2018.

D 8-K SEC Disclosure — Sep 4, 2018

Summary

Dominion Energy, Inc. (D) has filed an 8-K to report a significant development in its proposed acquisition of SCANA Corporation. On September 4, 2018, the Nuclear Regulatory Commission (NRC) granted approval for the indirect transfer of operating licenses for the V.C. Summer nuclear units (Units 1, 2, and 3) from SCANA's subsidiary, South Carolina Electric & Gas Company, to Dominion Energy. This NRC approval is a crucial condition required for the completion of the merger transaction that was initially agreed upon in January 2018.

Key Highlights

1NRC approval received for the indirect transfer of V.C. Summer nuclear operating licenses.
2This approval is a key condition for the completion of Dominion Energy's acquisition of SCANA Corporation.
3The transaction involves the transfer of licenses from South Carolina Electric & Gas Company (a SCANA subsidiary) to Dominion Energy.
4The joint press release announcing this development, dated September 4, 2018, is filed as an exhibit.
5The filing includes forward-looking statements regarding the expected timing and likelihood of the SCANA acquisition's completion.

DOMINION ENERGY, INC 8-K Report, Corporate Update (Sep 4, 2018)

Summary

Key Highlights

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