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Southern Co (SO.N)

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Latest Key Developments (Source: Significant Developments)

Georgia Power says hurricane Irma continues to impact service to Georgia Power customers
Monday, 11 Sep 2017 11:21pm EDT 

Sept 11 (Reuters) - :Georgia power says as of 10 pm Monday there are approximately 925,000 Georgia Power customers currently without power.Georgia Power says hurricane Irma continues to impact service to Georgia Power customers with severe weather expected to continue overnight.  Full Article

Georgia Power says 950,000 customers without power as Hurricane Irma continues
Monday, 11 Sep 2017 08:53pm EDT 

Sept 11 (Reuters) - :Georgia Power - Hurricane Irma continues in Georgia, 950,000 customers currently without power extensive damage.Georgia Power - Extended power outages expected to continue in georgie due to high winds and fallen trees.Georgia power - More than 8,000 individual cases of damage or trouble (including broken poles and lines) the company is working to repair.  Full Article

Georgia Power to finalize Vogtle assessments by August-end
Friday, 4 Aug 2017 03:52pm EDT 

Aug 4 (Reuters) - Southern Co ::Georgia Power to finalize Vogtle assessments by end of August.Georgia Power says expects to complete schedule and cost-to-complete assessment, for Vogtle nuclear expansion by end of month..  Full Article

Mississippi Power files for mixed shelf of up to $2 bln - SEC filing‍​
Thursday, 3 Aug 2017 11:53am EDT 

Aug 3 (Reuters) - Mississippi Power Co ::Mississippi Power Co files for mixed shelf of up to $2 billion - SEC filing‍​.  Full Article

Southern Co reports qtrly loss per basic share $1.38
Wednesday, 2 Aug 2017 06:50am EDT 

Aug 2 (Reuters) - Southern Co ::Southern Company reports second-quarter 2017 results.Q2 loss per basic share was $1.38.Q2 revenue $5.43 billion versus I/B/E/S view $5.1 billion.Q2 earnings per share view $0.71 -- Thomson Reuters I/B/E/S.Q2 earnings per basic share, excluding items, was $0.73.Qtrly Kilowatt-Hour total sales 50,665 million KWHS versus 47,572 million KWHS.  Full Article

Nacco Industries Q2 earnings per share $0.99
Tuesday, 1 Aug 2017 05:15pm EDT 

Aug 1 (Reuters) - Nacco Industries Inc :Nacco Industries, Inc. announces second quarter 2017 results.Q2 earnings per share $0.99.Q2 revenue $181.1 million.Q2 adjusted earnings per share $0.86 excluding items.Nacco Industries Inc - ‍north American coal expects an increase in tons sold in second half of 2017 compared with second half of 2016​.Nacco - ‍while North American coal's centennial mining operations in alabama have ceased, certain wind-down, reclamation activities are continuing​.Nacco Industries Inc - "‍at this time, future of kemper county coal gasification facility is uncertain​".Nacco - ‍north american coal to continue to operate under contract with Mississippi power pending final decision on operation of gasifier, liberty mine​.  Full Article

Southern Co says unit acquires 148 MW Cactus Flats Wind Facility
Tuesday, 1 Aug 2017 10:29am EDT 

Aug 1 (Reuters) - Southern Co ::Southern Company subsidiary surpasses 1,500 MW wind energy with Texas acquisition.Unit Southern Power acquires 148-megawatt (MW) Cactus Flats Wind Facility from Renewable Energy Systems Americas Inc.148-MW Cactus Flats Wind Facility project is expected to consist of 43 wind turbines manufactured by Vestas; completion is expected in Q3 2018.  Full Article

Georgia Power finalizes new service agreement for Vogtle nuclear expansion
Friday, 28 Jul 2017 08:56am EDT 

July 28 (Reuters) - Georgia Power::Says scope of service agreement includes access to Westinghouse intellectual property needed for project.Georgia power finalizes new service agreement for Vogtle nuclear expansion.Says has finalized a new service agreement with Westinghouse for Vogtle nuclear expansion to be built in the u.s. ​.Says under new service agreement, Southern Nuclear; Southern company's subsidiary, will oversee construction activities at site.  Full Article

Southern Co unit, Wärtsilä sign deal for flexible gas power plant projects
Friday, 30 Jun 2017 10:00am EDT 

June 30 (Reuters) - Southern Co ::Unit and Wärtsilä signed a MOU to develop two flexible gas power plant projects.  Full Article

Southern Company, Mississippi Power announce suspension of gasification operations
Wednesday, 28 Jun 2017 04:11pm EDT 

June 28 (Reuters) - Southern Co ::Southern Co says it is immediately suspending start-up and operations activities involving lignite gasification portion of kemper county energy facility.Southern co says facility will continue to operate using natural gas pending mississippi public service commission's decision on future operations.Southern co - the action being taken to preserve safety and health of workforce and safety of facility, while still retaining necessary workforce to operate the plant.  Full Article