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SCANA Corporation

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SCANA Corp. is a stable, relatively strong and regulated electric utility, supported by regional demographics and a favorable electric utility rate.  SCANA is well positioned in a positive regulatory environment, having a low risk business with outstanding customer growth and operational efficiency. The company also has an attractive and consistent dividend payout. Going forward, we expect modest growth to continue, thanks to the utility’s improving electric margins and rate increases. We are also bullish about the steady progress of new electric generation plants and nuclear expansion projects.  Consequently, we think SCANA offers substantial upside potential from the current price levels and view it as an attractive investment.

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