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Southern Co (SO.N)

SO.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Equinix signs 15-year power purchase agreement with Southern Company ​
Wednesday, 16 Aug 2017 08:00am EDT 

Aug 16 (Reuters) - Equinix Inc ::Announced signing of a 15-year power purchase agreement between a subsidiary of southern company and equinix​.‍as per agreement, bloom energy fuel cells will be installed at 12 international business exchange data centers in the u.s​.Equinix - ‍project will provide a total capacity of more than 37 megawatts of power with a phased installation that begins in late 2017 through 2019​.‍project is financed through Southern Company​.  Full Article

Georgia Power enters into new agreements with Toshiba and Westinghouse
Friday, 9 Jun 2017 09:30pm EDT 

June 9 (Reuters) - :Georgia power enters into new agreements with Toshiba and Westinghouse for Vogtle nuclear expansion.Georgia Power - Says first payment under new agreement is due from Toshiba in October 2017 .Georgia Power - Project is co-owned by Georgia Power, Oglethorpe Power, Meag Power and Dalton Utilities.Georgia Power - Deal affirms value of Toshiba's guarantee at $3.68 billion - providing additional protections for Georgia electric customers following Westinghouse's bankruptcy.  Full Article

Southern Co enters deal to buy 50 MW of distributed fuel cells
Tuesday, 25 Oct 2016 06:55am EDT 

Southern Co :Bloom energy, southern company and its subsidiary powersecure announce acquisition of an estimated 50 megawatts of distributed fuel cells.  Full Article

Georgia Power says continues to make progress on ash pond closures
Wednesday, 12 Oct 2016 02:43pm EDT 

Georgia Power: Georgia Power continues to make progress on ash pond closures .Closure of one ash pond is scheduled to be completed in Q4 2016, one pond in Q1 2017, and other three to be completed by Q1 2018.  Full Article

Georgia Power restores power to over 308,000 customers impacted by Hurricane Matthew
Wednesday, 12 Oct 2016 12:39pm EDT 

Georgia Power:Has restored power to more than 308,000 customers impacted by Hurricane Matthew.  Full Article

Georgia Power to restore power for nearly 100 pct of customers in Brunswick, Jesup, St. Simons, Jekyll Islands
Tuesday, 11 Oct 2016 01:15pm EDT 

Georgia Power : Georgia Power - To Restore Power For Nearly 100 Percent Of Customers In Brunswick, Jesup, St. Simons And Jekyll Islands Today . Georgia Power - Power Has Been Restored To More Than 265,000 Customers; Approximately 70,000 Customers Are Without Power In Coastal Georgia .Georgia Power - On Track To Have Service Restored To Over 90 Percent Of Customers Impacted By Hurricane Matthew, Who Can Accept Power, By Midnight Wednesday.  Full Article

Southern Co subsidiary acquires Grant Plains Wind facility
Monday, 29 Aug 2016 09:00am EDT 

Southern Co : Southern Company subsidiary acquires Grant Plains Wind facility . Plant is expected to achieve commercial operation in December 2016 .Says acquisition of 147-megawatt Grant Plains Wind facility in Oklahoma from Apex Clean Energy.  Full Article

Southern Co announces public offering of 32.5 mln shares
Tuesday, 16 Aug 2016 04:04pm EDT 

Southern Co : Southern Company announces public offering of common stock . Commenced underwritten public offering of 32.5 million shares of common stock, through which expects to raise gross proceeds of about $1.6 billion . Says offering 32.5 million common shares .Net proceeds from offering to be used to fund portion of purchase price for pending purchase of 50 pct equity interest in southern natural gas.  Full Article

Southern Co Q2 earnings per share $0.68
Wednesday, 27 Jul 2016 07:30am EDT 

Southern Co : Kilowatt-Hour sales to retail customers in southern company's four-state service area decreased 1.6 percent in Q2 of 2016 . Southern company reports second quarter earnings . Q2 earnings per share $0.68 . Q2 revenue $4.45 billion versus I/B/E/S view $4.47 billion . Q2 earnings per share view $0.70 -- Thomson Reuters I/B/E/S . Total energy sales to southern company's customers, including wholesale sales, decreased 0.6 percent in q2 of 2016 .Qtrly adjusted earnings per share 77 cents.  Full Article

Southern Co names Trawick as chief operating officer for unit Southern Power
Tuesday, 19 Jul 2016 02:15pm EDT 

Southern Co: Southern Company subsidiaries announce leadership changes . Southern Co says John G. Trawick has been named senior vice president and chief operating officer for subsidiary Southern Power .John L. Pemberton has been named senior vice president, chief administrative officer and general counsel for Southern Power.  Full Article