News: Southern Co (SO.N)

SO.N on New York Stock Exchange

46.60USD
17 May 2013
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Wed, Apr 24 2013

More workers, pipe needed to finish Southern Co coal project

HOUSTON, April 24 - More high-quality pipe and more workers are needed to complete Southern Co's coal-gasification plant in Kemper County, Mississippi, by a 2014 deadline, company executives said on Wednesday.

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Georgia Power begins investigating Bowen coal-plant explosion

April 5 - Georgia Power, Southern Co's largest utility unit, is investigating the cause of Thursday's explosion at its 3,166-megawatt Plant Bowen coal-fired station located in Bartow County, northwest of Atlanta, the company said on Friday.

UPDATE 2-Georgia Power Bowen coal plant shut after explosion

April 4 - Southern Co's largest utility unit, Georgia Power, said it had shut its 3,166-megawatt Plant Bowen coal-fired station after an explosion Thursday afternoon.

UPDATE 1-Georgia Power confirms explosion at Bowen 2 coal unit

April 4 - Southern Co's largest utility unit, Georgia Power, confirmed that an explosion occurred on Thursday afternoon at the 3,166-megawatt Plant Bowen coal-fired station in Bartow County, northwest of Atlanta.

Southern Co drops one federal loan request, pursues larger one

* Mississippi utility says it can finance coal plant for less

About 130,000 lack power in Southeast after storms

- About 130,000 homes and businesses were still without power early Tuesday in Alabama and Georgia following severe thunderstorms on Monday.

Southern Co utility to raise rates for Mississippi coal plant

HOUSTON, March 5 - State regulators approved a 15 percent rate increase for customers of Southern Co's Mississippi Power unit on Tuesday to allow the utility to begin recovering costs for a controversial coal-gasification power plant under construction in Kemper County.

Southern Co's new Georgia Vogtle reactors to cost more, take longer

March 4 - U.S. power company Southern Co said the two new power reactors under construction at the Vogtle nuclear plant in Georgia will cost more because the units will enter service later than expected.

Southern Co's coal-gasification plant cost may reach $3.8 billion

HOUSTON - Southern Co's Mississippi utility is supporting legislation that would allow it to recover another $1 billion from ratepayers for the Kemper County coal-gasification power plant, pushing the potential price tag for the controversial project to $3.8 billion.

Southern Co's coal-gasification plant cost may reach $3.8 bln

* Monitor says plant unlikely to meet target operating date

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