ATLANTA, Nov. 22, 2024 /PRNewswire/ -- Georgia Power announced today that it has elected Virgil R. Miller to the company's board of directors, effective January 1, 2025. Miller serves as President of Aflac Incorporated and President of Aflac U.S. Aflac Incorporated is a Fortune 500 company, founded in 1955 and headquartered in Columbus, Georgia, that has helped provide financial protection and peace of mind for nearly seven decades to millions of policyholders and customers through its subsidiaries in the U.S. and Japan.
ATLANTA, Nov. 21, 2024 /PRNewswire/ -- Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, today announced an additional expansion of its 29th solar project — Millers Branch Solar Facility. The Phase III expansion will account for an added 132-megawatts (MW) from the previous Phase I and Phase II expansion of 200 MW and 180 MW respectively. This final development will bring the Millers Branch Solar Facility to a total generating capacity of 512 MW.
65 MW Mossy Branch Battery Facility adds resiliency to Georgia's electric grid; Company leadership and elected officials tour site in Talbot County on Thursday
ATLANTA, Nov. 8, 2024 /PRNewswire/ -- Georgia Power leaders joined elected officials from the Georgia Public Service Commission (PSC), Georgia legislature, and Talbot and Muscogee counties on Thursday to mark commercial operation of the company's first "grid-connected" battery energy storage system (BESS). The Mossy Branch Battery Facility is capable of 65 megawatts (MW) of battery storage that can be deployed back to the grid over a four-hour period, adding resiliency to the state's power grid and helping ensure reliable energy for a growing Georgia.
McIntyre to lead Engineering and Operations team
ATLANTA, Nov. 4, 2024 /PRNewswire/ -- Southern Linc, a subsidiary of Southern Company (NYSE: SO), has announced that Alan McIntyre has been named the Vice President of Engineering and Operations by the Southern Linc Board of Directors. He will lead a team that is known for providing highly reliable, highly resilient wireless voice and data services for Southern Company systems and users and for local and state government customers.
ATLANTA, Oct. 31, 2024 /PRNewswire/ -- Southern Company today reported third-quarter earnings of $1.5 billion, or $1.40 per share, in 2024 compared with earnings of $1.4 billion, or $1.30 per share, in the third quarter of 2023. For the nine months ended September 30, 2024, Southern Company reported earnings of $3.9 billion, or $3.53 per share, compared with $3.1 billion, or $2.86 per share, for the same period in 2023.
ATLANTA, Oct. 24, 2024 /PRNewswire/ -- Southern Company Gas today announced that Myra Bierria has been named senior vice president and chief administrative officer, effective Oct. 26. A member of the company's Management Council, Bierria will report directly to Chairman, President and Chief Executive Officer James Y. (Jim) Kerr II and serve as Kerr's chief of staff, with responsibility for the Corporate Communications, Corporate Impact and Facilities organizations.
ATLANTA, Oct. 23, 2024 /PRNewswire/ -- Southern Company today announced the retirement of Martin B. Davis as executive vice president and chief information officer, effective April 1, 2025.
"Martin has served this company with the utmost distinction," said chairman, president and CEO Chris Womack. "His leadership fostered greater advancement and alignment of the information technology and operations technology functions and delivered increased value to our company and customers. On behalf of the entire enterprise, we extend our great appreciation for all that Martin has done to further Southern Company's standing as one of this country's premier energy companies."
Funding focused on innovative approaches to expanding transmission capacity and adding resiliency as company works to meet the energy needs of a growing Georgia
ATLANTA, Oct. 21, 2024 /PRNewswire/ -- Georgia Power, the state's largest electric utility serving 2.7 million customers, has been awarded more than $160 million in funding by the Department of Energy (DOE) through its Grid Deployment Office. As Georgia continues to grow, the company is ensuring that customers have access to clean, safe, reliable, and affordable power, and actively pursued the funding available under the Grid Resilience and Innovation Partnerships (GRIP) Program established by the Bipartisan Infrastructure Law to help reduce the costs of necessary investments for the benefit of customers.
Community Connection Center (C3) wins 2024 E Source Achievement in Residential Customer Experience Award
NAPERVILLE, Ill., Oct. 17, 2024 /PRNewswire/ -- The Nicor Gas Energy Efficiency Program's Community Connection Center (C3) has received an E Source 2024 Achievement in Residential Customer Experience Award. Launched in 2022, C3 is a unique offering that is focused on providing customers with energy efficiency and bill payment assistance options, as well as basic needs support. E Source, a utilities-focused consulting, research and data science company, announced the national recognition during its 2024 Utility Awards ceremony.
Enrollment in latest customer assistance initiative open through November 30
ATLANTA, Oct. 17, 2024 /PRNewswire/ -- Georgia Power announced today its latest initiative to support customers as Georgia continues to recover and rebuild following Hurricane Helene – flexible Installment Payment Plans that allow customers to pay their current account balance over multiple months. The company previously announced efforts to extend and expand customer assistance options following the historic hurricane, with disconnections suspended, eligible late fees waived, and collection activities paused for residential and business customers through December 15, 2024. Read more here.
ATLANTA, Oct. 15, 2024 /PRNewswire/ -- Southern Company today announced a regular quarterly dividend of 72 cents per share on the company's common stock, payable December 6, 2024, to shareholders of record as of November 18, 2024.
Every quarter for 77 consecutive years, Southern Company has paid a dividend to its shareholders that is equal to or greater than the previous quarter.
Company is coordinating with state and local emergency partners in wake of Helene recoveryGeorgia Power campgrounds at Lakes Oconee and Harding available for evacuees
ATLANTA, Oct. 8, 2024 /PRNewswire/ -- Georgia Power is monitoring the track of Hurricane Milton in the Gulf of Mexico and, with restoration efforts from Hurricane Helene nearly completed, the company is now preparing crews to safely and quickly respond to the latest severe weather threat. While the path of the storm may change in the coming days, current forecasts could bring damaging winds and heavy rain to South Georgia as early as Thursday.
Company continues suspension of disconnections, waives late fees and pauses collection activities for customers through December 15
ATLANTA, Oct. 7, 2024 /PRNewswire/ -- As the devastation from Hurricane Helene became apparent in the days following the historic storm, Georgia Power moved quickly to suspend disconnections as emergency response efforts ramped up. The company announced today that it has further extended and expanded customer assistance programs with disconnections suspended, late fees waived, and overall collection activities paused for residential and business customers through at least December 15, 2024.
Crews managing final intensive restorative efforts in hardest hit areas and will remain in the field until all customers who can accept power are reconnected
ATLANTA, Oct. 5, 2024 /PRNewswire/ -- Georgia Power has restored power to 1.3 million+ customers following Hurricane Helene – more than 95% of all customers who were impacted by the most destructive hurricane in the company's history. Intensive restoration efforts remain underway to reconnect customers in the hardest hit areas of the state, notably Augusta where 80% of impacted customers had been reconnected as of Saturday morning and work was ongoing to reconnect the approximately 50,000 customers who remained without power. While damage and treacherous conditions remain, teams are working around the clock and will remain in the field until every customer who can accept power is reconnected.
ATLANTA, Oct. 4, 2024 /PRNewswire/ -- The Georgia Power, Southern Company and Southern Company Gas charitable foundations will collectively donate $3 million to aid Hurricane Helene relief efforts. The historic, destructive storm has devastated communities across the Southeast. As the companies continue to rebuild and restore service to impacted communities, they stand together in the effort to help those communities affected by the widespread storm and flood damage.
ATLANTA, Oct. 4, 2024 /PRNewswire/ -- Southern Company plans to release its earnings for the third quarter of 2024 by 7:30 a.m. ET on Thursday, October 31, 2024.
Southern Company Chairman of the Board, President and Chief Executive Officer Christopher C. Womack and Chief Financial Officer Daniel S. Tucker will discuss earnings during a conference call for financial analysts at 1 p.m. ET on Thursday, October 31.
1.2 million+ customers reconnected following most destructive storm in company's history;Intense restoration in hardest-hit areas underway with personnel working around the clock
ATLANTA, Oct. 3, 2024 /PRNewswire/ -- Georgia Power has restored power to more than 1.2 million customers following Hurricane Helene – more than 90% of all customers impacted by the most destructive hurricane in the company's history. Progress is ongoing and the company expects to reach 95% total restoration by this Saturday.
Georgia Power has restored power to 1 million+ customers over the last four days;
Restoration efforts progressing in hardest hit areas including Valdosta, Savannah and Augusta
ATLANTA, Oct. 1, 2024 /PRNewswire/ -- Georgia Power's response to Hurricane Helene – the most destructive hurricane in the company's history – has now grown to 20,000 personnel and continues its work across the state. As of Tuesday afternoon, the company has restored power to over 1 million customers impacted by Hurricane Helene – approximately 80 percent of all customers impacted by the storm. This rapid response has been possible through the implementation of new "smart grid" technologies and the quick work of pre-positioned teams who were ready to respond as soon as conditions were safe to do so on Friday.
Georgia Power has restored power to 840,000+ customers Hurricane Helene; 15,000+ personnel remain engaged in restoration
ATLANTA, Sept. 30, 2024 /PRNewswire/ -- Georgia Power continues its deployment of more than 15,000 personnel responding to Hurricane Helene – determined to be the most destructive hurricane in the company's history. As of midday Monday, the company has restored power to more than 840,000 customers impacted by Helene. This rapid response has been possible through the implementation of new "smart grid" technologies and the quick work of pre-positioned teams who were ready to respond as soon as conditions were safe to do so on Friday.
Helene marks most destructive hurricane in company's history; restoration efforts fully underway with ~690,000 customers restored
ATLANTA, Sept. 29, 2024 /PRNewswire/ -- Georgia Power's restoration efforts following Hurricane Helene continued Sunday, with the company having restored service to approximately 690,000 customers since the start of the storm. This rapid response has been possible through the implementation of new "smart grid" technologies and the quick work of pre-positioned teams who were ready to respond as soon as conditions were safe to do so on Friday.
The information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.
RAW DATA PROCESSING means that raw data is processed without changing the content. The data is supplemented to improve the interpretation of the information in terms of usability.
Note: The newswire cross-link panel at the top allows you to quickly and easily access additional sources of information. In the terminal view, the news is filtered at company level and enables targeted searches.
On behalf of the trading community, we would like to thank the operators of the trading venues for providing information services.