Power Generation Company News

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Southern Company


News, Products and Stock Info

SCE&G Updates Costs, Construction Schedule for Nuclear New Builds

09/03/2015 The two reactors under construction at the V.C. Summer nuclear power plant in South Carolina are now scheduled for completion in 2019 and 2020, according to updated filings with the state Public Se...

Southern Power, First Solar co-own California solar PV project


Southern Co. (NYSE: SO) unit, Southern Power, acquired a controlling stake in a 300-MW solar power project in California.

Canadian Solar unit sells solar power project stake to Southern


Canadian Solar Inc. said its subsidiary sold its ownership stake in a 200-MW solar power project in California to Southern Power.

Plant Vogtle nuclear expansion spending down in first half of 2015


Georgia Power said in a report that the utility estimates it will spend less on construction costs in the first half of 2015 compared to the last half of 2014.

Deal for AGL comes at time of increasing "risk profile" for Southern, Moody finds

08/27/2015 Now that Southern (NYSE:SO) has announced plans to buy AGL Resources (NYSE:GAS), Moody’s Investors Service has affirmed the Southern rating for commercial paper, but changed its outlook to “negativ...

Southern buying AGL Resources for about $7.93 billion


Southern Co. (NYSE: SO) is buying AGL Resources Inc. for approximately $7.93 billion, which would create the second-biggest utility company in the U.S. by customer base.

Installation of nuclear power unit's building panels begins


Georgia Power placed the first six shield building panels on Unit 3 at the Plant Vogtle nuclear expansion project in Georgia.

To stave off bankruptcy, PSC grants rate hike to Mississippi Power

08/19/2015 With the undisputed evidence showing that Mississippi Power "stands on the brink of bankruptcy," the Mississippi Public Service Commission on Aug. 13 granted a temporary rate hike to this...

Georgia PSC approves $169M in Plant Vogtle nuclear costs

08/18/2015 Georgia Power, a subsidiary of Southern Co, (NYSE: SO), said the Georgia Public Service Commission (PSC) verified and approved $169 million in capital and construction costs for the Plant Vogtle nu...

Moody's downgrades Mississippi Power over Kemper IGCC cost recovery

08/17/2015 Moody's Investors Service has downgraded Southern (NYSE:SO) utility subsidiary Mississippi Power over lingering questions over rate recovery for the Kemper integrated gasification combined-cycle (I...

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