Southern Company and AGL Resources asked the Georgia Public Service Commission (PSC) late last week to approve their proposed merger.
The companies combined serve approximately 9 million electric and gas-utility customers across nine states. Assuming that approvals are granted in all service areas, both companies expect the merger to be completed in the latter half of 2016.
Both companie combined have approximately 200,000 miles of electrical lines for transmission and distribution, approximately 46,000 megawatts of electrical-generation capacity, 80,000 miles of natural gas pipelines, and 11 distribution companies for electricity and natural gas.
Southern Company said it uses large amounts of natural gas and that approximately 50 percent of electricity generated by the company is through means that utilize natural gas. Through the combination of the two companies, AGL and Southern said they would address natural gas needs in relation to infrastructure development.
AGL Resources' primary offerings are in the distribution and sale of natural gas. Southern Company is a power-generation and distribution company that utilizes multiple forms of generation, including gas, coal, nuclear and renewables.
Southern Company, AGL file merger plan with Georgia agency
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Southern Company 30 Ivan Allen Jr Blvd NW Atlanta, GA 30308
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