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US8425871071
State: 17.08.2024 | 11PM
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FIGI: BBG000BT9DW0
SO

The Southern Company
GICS: 55101010 · Sector: Utilities · Sub-Sector: Utilities—Regulated Electric
NAME
The Southern Company
ISIN
US8425871071
TICKER
SO
MIC
XNYS
REUTERS
SO.N
BLOOMBERG
SO US
Sun, 29.09.2024       Southern

Company posts estimated restoration times for additional communities across the state following the most destructive hurricane in its history

ATLANTA, Sept. 28, 2024 /PRNewswire/ -- As of Saturday evening, Georgia Power has restored power to 520,000+ customers following the devasting impact of Hurricane 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.

Sat, 28.09.2024       Southern

~540,000 customers remain impacted Saturday morning as crews navigate treacherous conditions to repair damage; potential additional outages possible due to saturated ground and weakened trees 

ATLANTA, Sept. 28, 2024 /PRNewswire/ -- Georgia Power's response to Hurricane Helene continues Saturday as the company marked the start of the first full day of restoration efforts. Since the beginning of the storm, Georgia Power has restored power to 440,000+ customers 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. Unfortunately, treacherous conditions remain across the state with crews navigating extensive tree damage, persisting flooding conditions and many road closures. As of Saturday mid-morning, approximately 540,000 customers remained impacted by Hurricane Helene. The company is also managing the potential for additional power outages that could occur due to the saturated ground and weakened trees.

Sat, 28.09.2024       Southern

14,000+ personnel engaged in response; additional ERTs to be posted as available

ATLANTA, Sept. 27, 2024 /PRNewswire/ -- Georgia Power's response to Hurricane Helene continued through the day Friday with teams working safely and quickly to restore power to more than 250,000 customers since the beginning of the storm. As of 7 PM on Friday, approximately 620,000 customers remain impacted due to the storm.

Fri, 27.09.2024       Southern

Damage assessment teams in the field for most efficient response; crews navigating flooded roadways, fallen trees and high wind gusts 

ATLANTA, Sept. 27, 2024 /PRNewswire/ -- As Hurricane Helene clears Georgia, Georgia Power has deployed 10,000+ personnel who were assembled in advance of the storm to begin full-scale damage assessment and restoration. There has been significant damage statewide due to hurricane-force winds and heavy rain, coupled with ground that was previously saturated due to Wednesday's "storm before the storm" that hit the state ahead of the historic hurricane.

Thu, 26.09.2024       Southern

Company making final preparations Thursday; encourages customers to prepare for extensive damage and potential for extended power outages

ATLANTA, Sept. 26, 2024 /PRNewswire/ -- As Hurricane Helene approaches the coast of Florida, Georgia Power is making its final preparations to respond to anticipated widespread damage and potential for extended power outages across the state. As the majority of the state of Georgia prepares to feel impacts from the storm, the company has aligned the right resources – more than 10,000 personnel on the ground currently – and continues to refine plans as the storm gets closer to ensure a safe and effective response. The National Hurricane Center forecasts high winds, heavy rainfall, flash flooding, and possible tornadoes as Hurricane Helene enters the state. This follows the "storm before the storm" – including heavy rains over the last 24 hours which has already caused flooding and weakened trees.

Thu, 26.09.2024       Southern

Shannon O. Pierce and Steven M. Murphy appointed to senior vice president roles for Southern Company Gas; Pierce also appointed president of Virginia Natural Gas

ATLANTA, Sept. 26, 2024 /PRNewswire/ -- Southern Company Gas today announced executive leadership changes as the company continues its focus on building the future of energy and providing best-in-class service and value for customers.

Thu, 19.09.2024       Southern

Latest round of program provides $1 million in funding to help Georgia organizations advance investments in clean and vibrant waterways

ATLANTA, Sept. 19, 2024 /PRNewswire/ -- The Georgia Power Foundation has announced the recipients of its Waters for Georgia grant program – The Trust for Public Land and the Seabrook Village Foundation. The organizations will share $1 million in grants under the program, which invests in water resource focused projects that result in measurable benefits to environments and communities in Georgia including projects to preserve and restore the state's waterways, lakes and rivers.

Thu, 12.09.2024       Southern

Expanded reuse and recycling market opportunities follow successful Rheaply pilot

NAPERVILLE, Ill., Sept. 12, 2024 /PRNewswire/ -- Nicor Gas is partnering with Rheaply to expand its regional Reuse Marketplace to businesses throughout the company's Northern Illinois service territory. The reuse marketplace is now available to an additional 650 communities, helping to drive the reuse of surplus inventory and materials coming out of businesses such as furniture, fixtures, equipment and other building products.

Thu, 05.09.2024       Southern

Near-term rate relief possible due to lower state corporate tax rate

ATLANTA, Sept. 5, 2024 /PRNewswire/ -- The Georgia Public Service Commission (PSC) voted unanimously this week to approve a motion by Commissioner Fitz Johnson to expedite the return of approximately $122 million for the benefit of Georgia Power customers as early as January 2025. The funds are available due to recent changes to state tax law which lowered the company's corporate tax rate and will help offset inflationary related cost increases for customers.

Fri, 30.08.2024       Southern

GEO Certification achieved in 2023 for the first time in tournament history

ATLANTA, Aug. 30, 2024 /PRNewswire/ -- Southern Company today announced that for the third consecutive year its system is delivering 100% renewable energy for the TOUR Championship, professional golf's season-ending event. Southern Company and its subsidiaries Georgia Power and Southern Company Gas collaborated with the tournament and the PGA TOUR to drive sustainability measures on and off the golf course.

Thu, 29.08.2024       Southern

New resources will help company meet the energy needs of a growing Georgia

ATLANTA, Aug. 29, 2024 /PRNewswire/ -- Georgia Power has identified locations for 500 MW of new battery energy storage systems (BESS) authorized by the Georgia Public Service Commission (PSC) earlier this year as part of the company's 2023 Integrated Resource Plan (IRP) Update. According to the company's recent filing with the Georgia PSC, the portfolio of BESS resources proposed by Georgia Power helps address the resource needs identified in the 2023 IRP Update in a cost-effective and strategic manner.

Thu, 29.08.2024       Southern

DURHAM, N.C., Aug. 29, 2024 /PRNewswire/ -- PowerSecure, a leading provider of innovative energy solutions and subsidiary of Southern Company, is proud to announce that its Durham campus microgrid will begin a 100% Renewable Fuel Initiative starting this month. This significant step aligns with the company's commitment to innovation and sustainability.

"PowerSecure continues to bring new innovation to our customers with a commitment to a clean energy future," said PowerSecure CEO Chris Cummiskey. "The use of renewable fuels is a forward-thinking solution with sustainability benefits, including the displacement of carbon emissions. The deployment of renewable fuel at our Durham campus microgrid represents a major milestone for PowerSecure and the energy users and producers we serve."

Mon, 19.08.2024       Southern

Natural gas marketer enhances Greener Life® program to include certified low emissions gas at no additional cost to customers

ATLANTA, Aug. 19, 2024 /PRNewswire/ -- Georgia Natural Gas® announced today that its Greener Life® program, which helps customers make their natural gas usage carbon neutral, has reached a new milestone of 500 million pounds of carbon emissions offset from the atmosphere. That amount is equivalent to taking over 50,000 cars off the road for a year. In celebration of this milestone, Georgia Natural Gas has enhanced Greener Life to give customers the benefits of certified low emissions gas at no additional cost.

Thu, 15.08.2024       Southern

Use of "drones" to inspect transmission lines part of company's commitment to reliability for customers

Demo B-roll link included within

ATLANTA, Aug. 15, 2024 /PRNewswire/ -- Georgia Power continues to focus on improving reliability and service for customers by making investments in the power grid and using advanced technology to prevent or restore power outages. The company is now deploying unmanned aerial systems, or drones, to inspect transmission power lines, helping ensure the safety and reliability of these main lines more efficiently and with greater accuracy than ever before. This innovative approach not only enhances operational efficiency, reducing the amount of time to inspect transmission lines by 40% on average, but also delivers substantial cost savings of 60% versus traditional methods. 

Fri, 09.08.2024       Southern

Campaign educates and informs customers about the importance of having underground lines marked before digging at home or work

ATLANTA, Aug. 9, 2024 /PRNewswire/ -- Georgia Power and Georgia 811 have partnered to release a new public service announcement (PSA) in advance of 811 Day on August 11 – a nationwide initiative aimed at educating homeowners, contractors and landscapers about the essential practice of contacting the national "Call Before You Dig" number.

The new PSA features Georgia Power employees with well-known Georgia 811 mascot, Digger Dog and is available in English and Spanish. To ensure safety and manage the complexity of underground infrastructure, both customers and excavators should call 811 at least three business days before beginning any digging projects. Once a case is created and an appointment scheduled, professional locators will mark underground facilities with spray paint or flags to help prevent damage and injury. 

Thu, 01.08.2024       Southern

ATLANTA, Aug. 1, 2024 /PRNewswire/ -- Southern Company today reported second-quarter earnings of $1.2 billion, or $1.10 per share, in 2024 compared with earnings of $838 million, or 77 cents per share, in the second quarter of 2023. For the six months ended June 30, 2024, Southern Company reported earnings of $2.3 billion, or $2.13 per share, compared with $1.7 billion, or $1.56 per share, for the same period in 2023.

Mon, 15.07.2024       Southern

Funding assists economic mobility, commercial development and small business support projects in Northern Illinois

NAPERVILLE, Ill., July 15, 2024 /PRNewswire/ -- Seven nonprofits in Rockford, Joliet and South Suburban Cook County will receive $700,000 in grants from Northern Illinois Community Initiatives (NICI). Part of NICI's Impact Grants program, these donations will provide bridge funding for economic and workforce development, as well as community revitalization programs.

The grants build upon NICI's mission to attract investment, mobilize partners and connect vital resources to underserved communities in Nicor Gas' service areas. NICI was founded in 2021 by Nicor Gas through a $20 million endowment from its parent company, Southern Company Gas.

Mon, 15.07.2024       Southern

ATLANTA, July 15, 2024 /PRNewswire/ -- Southern Company today announced a regular quarterly dividend of 72 cents per share on the company's common stock, payable September 6, 2024, to shareholders of record as of August 19, 2024.

Every quarter for 76 consecutive years, Southern Company has paid a dividend to its shareholders that is equal to or greater than the previous quarter.

About Southern CompanySouthern Company (NYSE: SO) is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies. Providing clean, safe, reliable and affordable energy with excellent service is our mission. The company has electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company, a leading distributed energy distribution company with national capabilities, a fiber optics network and telecommunications services. Through an industry-leading commitment to innovation, resilience and sustainability, we are taking action to meet customers' and communities' needs while advancing our goal of net-zero greenhouse gas emissions by 2050. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and are the key to our sustained success. We are transforming energy into economic, environmental and social progress for tomorrow. Our corporate culture and hiring practices have earned the company national awards and recognition from numerous organizations, including Forbes, The Military Times, DiversityInc, Black Enterprise, J.D. Power, Fortune, Human Rights Campaign and more. To learn more, visit www.southerncompany.com.

Tue, 02.07.2024       Southern

ATLANTA, July 2, 2024 /PRNewswire/ -- Southern Company plans to release its earnings for the second quarter of 2024 by 7:30 a.m. EST on Thursday, August 1, 2024.

Southern Company Chairman, 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. EST on Thursday, August 1.

Mon, 01.07.2024       Southern

ATLANTA, July 1, 2024 /PRNewswire/ -- Georgia Power, a Southern Company subsidiary, is partnering with U.S. Army Garrison Fort Eisenhower as a part of a $72 million utility energy service contract (UESC) to increase the energy efficiency of the 55,000-acre military installation located near Augusta, Ga. The UESC, which is the largest such contract in Georgia Power's history, will leverage the utility's knowledge of lighting systems, mechanical and controls systems, on-site generation and water conservation to reduce the carbon footprint by focusing on three key areas – energy efficiency, resiliency and greenhouse gas reduction.

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