Southern News

The head of Southern Co. called the decision to write off $540 million in extra costs on a Mississippi power plant "a bitter pill for us to swallow," but he defended the project Wednesday as a long-term investment for the large utility.

It is a generation, transmission and distribution utility. Its service territory includes 7,710 miles.

Members of the environmental group the Sierra Club plan to use the Southern Company annual shareholder meeting today, May 22, as an opportunity to grill executives about construction overruns and renewable energy.

On Monday May 20th, it was announced that Southern Co. would be replacing the head of its Mississippi utility amid growing concern about the cost of its Kemper coal power plant whose estimated price tag has ballooned to $4.3B. General counsel Ed Holland has been named CEO of Mississippi Power following the sudden retirement of Ed Day, who had ... (more)

Reflecting its longstanding commitment to military recruitment, Southern Company has been named a top employer for both active duty and veteran military in a pair of recent surveys.

Southern Co.'s board of directors voted Monday to name G. Edison "Ed" Holland the utility's new leader.

Cost overruns on the construction of two nuclear reactors at Plant Vogtle won't end up making a significant impact on customers' monthly electricity bills, the chief executive officer of Southern Company said Thursday.

The Sierra Club has asked the Mississippi Supreme Court to order the Public Service Commission to again reconsider its approval of the $4.3 billion coal-fired power plant Mississippi Power Co.

CNN Television network founder and environmentalist Ted Turner has partnered with Southern Co., the second largest utility company in the US, to build huge solar farms in southwestern states like Arizona.

The gowns have been worn and the caps already thrown as Georgia Tech students and faculty celebrated its 245th Commencement during the weekend of May 4th and 5th.

Georgia Power Co. inked a deal with Rollcast Energy Inc . to add 53.5 megawatts of biomass capacity to its generation portfolio.

Southern Company announced that Tom Wilson has been elected vice president and chief information security officer of Southern Company Services, Inc.

Utilities are the classic "widow-and-orphan" stocks-meaning they are slow and steady providers of dependable income.

Yet Atlanta businessman Ted Turner, a climate-change crusader, and Southern Co., the second-largest utility in the U.S. by market value, have found a common interest developing giant solar farms, mostly in southwestern U.S. deserts.

's stock had its "buy" rating reaffirmed by TheStreet in a research note issued on Monday, Analyst Ratings Network.com reports.

Each unit at Plant Farley requires new fuel every 18 months. In addition to refueling the reactor and performing regular maintenance and testing, workers made upgrades to plant systems and components.

Utilities are expected to see a sharp rise in capital spending over the next few years as they upgrade their existing infrastructures.

's stock had its "outperform" rating reaffirmed by research analysts at RBC Capital in a report released on Tuesday, Stock Ratings Network reports.

In this developed, civilized, picture-perfect world that we live in, it's easy enough to forget that creating electricity is, at its core, a dangerous job.

The outcome of a $900 million dispute over the addition of two nuclear reactors at Plant Vogtle is of interest to more than just the companies involved, but those familiar with large construction projects predict it won't be over soon or very dramatic.