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Southern Co (SO.N)

SO.N on New York Stock Exchange

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26 Apr 2017
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Latest Key Developments (Source: Significant Developments)

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

Southern Co, Kinder Morgan enter Southern Natural Gas pipeline strategic venture
Sunday, 10 Jul 2016 10:57pm EDT 

Southern Co : Southern company, kinder morgan enter southern natural gas pipeline strategic venture . Acquiring 50 percent equity interest in southern natural gas (sng) pipeline systemkinder morgan will continue to operate system . Transaction equates to sng total enterprise value of about $4.15 billion, implies $1.47 billion for southern co's 50 percent equity interest .Expects to finance initial purchase, as well as any related future growth opportunities in a credit-supportive manner.  Full Article

Southern Company subsidiary expands solar portfolio with acquisition in North Carolina
Friday, 8 Jul 2016 09:00am EDT 

Southern Co : Southern company subsidiary expands solar portfolio with acquisition in North Carolina . Unit announced acquisition of companies' second solar project in North Carolina . Rutherford farm project will be covered by a long-term power purchase agreement .Acquisition of the 74-megawatt (mw) rutherford farm facility from cypress creek renewables..  Full Article

Southern Co unit acquires Lamesa Solar facility in Texas
Thursday, 7 Jul 2016 09:00am EDT 

Southern Co : Unit acquires Lamesa Solar facility from RES America Developments Inc . Southern Company subsidiary acquires Lamesa Solar facility in Texas .Construction activities are set to begin in July, and facility is expected to be commercially operational by mid-year 2017.  Full Article

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