Edition:
United Kingdom

Southern Co (SO.N)

SO.N on New York Stock Exchange

47.22USD
18 Jan 2019
Change (% chg)

$0.15 (+0.32%)
Prev Close
$47.07
Open
$47.07
Day's High
$47.24
Day's Low
$46.89
Volume
1,559,302
Avg. Vol
1,863,044
52-wk High
$49.43
52-wk Low
$42.39

Latest Key Developments (Source: Significant Developments)

Southern Sets Regular Quarterly Dividend Of $0.60Per Share
Thursday, 17 Jan 2019 

Southern Co ::SETS REGULAR QUARTERLY DIVIDEND OF $0.60PER SHARE.  Full Article

Southern Power To Sell Mankato Energy Center
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - Southern Co ::SOUTHERN POWER REACHES AGREEMENT TO SELL THE MANKATO ENERGY CENTER.SOUTHERN POWER - DEAL FOR $650 MILLION..SOUTHERN POWER - ENTERED AGREEMENT TO SELL MANKATO ENERGY CENTER TO XCEL ENERGY.  Full Article

Southern Powersecure Holdings CEO Sidney Hinton Announces Retirement
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Southern Co ::SOUTHERN POWERSECURE HOLDINGS CEO SIDNEY HINTON ANNOUNCES RETIREMENT; MARK LANTRIP ASSUMES ROLE TO IMPLEMENT COMPANY'S VISION FOR THE FUTURE OF ENERGY.SIDNEY HINTON, CEO OF SOUTHERN POWERSECURE HOLDINGS AND ITS SUBSIDIARY, POWERSECURE, IS RETIRING EFFECTIVE OCT. 31.HINTON WILL BE SUCCEEDED BY MARK LANTRIP, WHO WILL CONTINUE AS CHAIRMAN, PRESIDENT AND CEO OF SOUTHERN POWER.  Full Article

Georgia Power Says Hurricane Michael Enters Georgia, 65,000 Customers Without Power
Thursday, 11 Oct 2018 

Oct 10 (Reuters) - Georgia Power ::GEORGIA POWER SAYS HURRICANE MICHAEL ENTERS GEORGIA, 65,000 CUSTOMERS WITHOUT POWER.GEORGIA POWER -AS OF 8:00 P.M. WEDNESDAY, OVER 65,000 CUSTOMERS WITHOUT POWER IN GEORGIA; OVER 600 INDIVIDUAL CASES OF DAMAGE CO WORKING TO REPAIR.  Full Article

Georgia Power Says Vogtle Owners Received Required Vote To Continue Construction Of Plant Vogtle Units 3 And 4
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Georgia Power Co ::GEORGIA POWER SAYS ON SEPT 26, VOGTLE OWNERS RECEIVED REQUIRED VOTE TO CONTINUE CONSTRUCTION OF PLANT VOGTLE UNITS 3 AND 4 - SEC FILING.GEORGIA POWER - AMENDMENTS TO THE VOGTLE JOINT OWNERSHIP AGREEMENTS.GEORGIA POWER-ENTERED TERM SHEET WITH VOGTLE OWNERS & MEAG'S UNITS TO TAKE ACTIONS TO MITIGATE POTENTIAL FINANCIAL EXPOSURE FOR OTHER VOGTLE OWNERS.GEORGIA POWER - GEORGIA POWER WILL BE RESPONSIBLE FOR 55.7% OF ANY CONSTRUCTION COSTS THAT EXCEED EAC IN THE 19TH VCM BY $800 MILLION TO $1.6 BILLION.GEORGIA POWER - WILL BE RESPONSIBLE FOR 65.7% OF ANY CONSTRUCTION COSTS THAT EXCEED THE EAC IN THE 19TH VCM BY $1.6 BILLION TO $2.1 BILLION.GEORGIA POWER - ENTERED A TERM SHEET WITH MEAG & MEAG SPVJ TO PROVIDE FUNDING WITH RESPECT TO MEAG SPVJ’S OWNERSHIP INTEREST IN PLANT VOGTLE UNITS 3 & 4.  Full Article

Georgia Power Says Vogtle 3 & 4 Co-Owners Agree To 5 P.M. Wednesday Extension On Vote To Finalize Details Of An Agreement
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Oglethorpe Power Corp [RIC:RIC:OGPWR.UL]::GEORGIA POWER - VOGTLE 3 & 4 CO-OWNERS AGREE TO 5 P.M. WEDNESDAY EXTENSION ON VOTE TO FINALIZE DETAILS OF AN AGREEMENT.  Full Article

Georgia Power Updates Ash Pond Closure Plans For Plants Branch And Bowen
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - Georgia Power::GEORGIA POWER UPDATES ASH POND CLOSURE PLANS FOR PLANTS BRANCH AND BOWEN.GEORGIA POWER SAYS UPDATES INCREASE NUMBER OF COMPLETELY EXCAVATED ASH PONDS TO 19.GEORGIA POWER- INCREASED NUMBER OF ASH PONDS TO BE COMPLETELY EXCAVATED TO 19 FROM 17.GEORGIA POWER - PLANS TO PERMANENTLY CLOSE ASH POND AT PLANT BOWEN, NEAR CARTERSVILLE.  Full Article

Southern Co Entered Sales Agency Financing Agreements With Barclays Capital, BNP Paribas, Among Others
Friday, 10 Aug 2018 

Aug 10 (Reuters) - Southern Co ::SOUTHERN CO - ENTERED SEPARATE SALES AGENCY FINANCING AGREEMENTS WITH BARCLAYS CAPITAL, BNP PARIBAS SECURITIES, AMONG OTHERS - SEC FILING.SOUTHERN CO - UNDER TERMS, MAY OFFER & SELL NOT TO EXCEED 50 MILLION SHARES, $5.00 PAR VALUE/SHARE - SEC FILING.  Full Article

Significant Progress Made On Vogtle 3 & 4 Construction
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Georgia Power::SIGNIFICANT PROGRESS MADE ON VOGTLE 3 & 4 CONSTRUCTION.GEORGIA POWER SAYS REVISED CAPITAL & CONSTRUCTION COST FORECAST FOR ITS SHARE OF PROJECT TO $8.4 BILLION.GEORGIA POWER - COMPANY TO ABSORB $700 MILLION ADDITIONAL PROJECTED COSTS; NO IMPACT ON CUSTOMER BILLS FROM THESE FUTURE COSTS.GEORGIA POWER - REVISED FORECAST INCLUDES APPROXIMATELY $700 MILLION IN ADDITIONAL PROJECTED COSTS WHICH WILL BE ABSORBED BY COMPANY.GEORGIA POWER-PREVIOUS CONTINGENCY FOR PROJECT IS INSUFFICIENT TO OFFSET FORECASTED COST INCREASES RESULTING IN INCREASED CONTINGENCY OF ABOUT $400 MILLION.  Full Article

Southern Q2 Earnings Per Share $0.80 Excluding Items
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Southern Co ::MPANY REPORTS SECOND-QUARTER 2018 RESULTS.Q2 EARNINGS PER SHARE $0.80 EXCLUDING ITEMS.EARNINGS ALSO INCLUDE $1.1 BILLION CHARGE FOR ESTIMATED PROBABLE LOSS ON GEORGIA POWER COMPANY'S CONSTRUCTION OF PLANT VOGTLE UNITS 3 AND 4.  Full Article

Virginia gives Dominion permit for Atlantic Coast natgas pipe compressor

Jan 8 An environmental board in Virginia unanimously approved an air permit for a compressor station on Tuesday for Dominion Energy Inc's planned nearly $7 billion Atlantic Coast natural gas pipeline from West Virginia to North Carolina. The fight over the permit was just one of several battles Atlantic Coast and other pipelines are facing to move gas from the Marcellus and Utica shale in Pennsylvania, West Virginia and Ohio to customers in the U.S. Southeast. There