SOUTHERN COMPANY: Announces Sale of Certain Florida Assets to NextEra Energy

Southern Company announced that it has entered into agreements to sell Gulf Power Company, Florida City Gas and the entities holding Southern Power's interests in Plant Oleander and Plant Stanton to NextEra Energy for an aggregate purchase price of approximately $6.475 billion. Net of debt, this reflects an equity value of approximately $5.075 billion. Read More »

GEORGIA POWER: Company announces pricing of upsized cash tender offers

Georgia Power Company today announced the pricing of the previously announced cash tender offers (each, an "Offer" and, collectively, the "Offers") to purchase a portion of its outstanding Series 2007A 5.65% Senior Notes due 2037 (the "Series 2007A Notes"), its Series 2009A 5.95% Senior Notes due 2039 (the "Series 2009A Notes"), its Series 2010B 5.40% Senior Notes due 2040 (the "Series 2010B Notes"), its Series 2010C 4.75% Senior Notes due 2040 (the "Series 2010C Notes") and its Series N 5.750% Senior Notes due 2023 (the "Series N Notes" and, together with the Series 2007A Notes, the Series 2009A Notes, the Series 2010B Notes and the Series 2010C Notes, the "Notes"). Read More »

GEORGIA POWER: Georgia Power Company announces cash tender offers for up to $750 million in aggregate purchase price of senior notes

Georgia Power Company today announced the commencement of tender offers (each, an "Offer," and collectively, the "Offers") to purchase up to $750 million in aggregate purchase price (excluding accrued and unpaid interest and excluding fees and expenses) (as such amount may be increased, decreased or eliminated by Georgia Power pursuant to the terms of the Offers Read More »

SOUTHERN COMPANY: Subsidiaries Alabama Power and Georgia Power continue building the future of energy with innovative Smart Neighborhood projects

Southern Company and its Alabama Power and Georgia Power subsidiaries have officially announced Smart Neighborhood™ initiatives that will provide customers with state-of-the-art home construction, distributed energy resources – including solar and battery energy storage – and smart home appliances and technologies. Read More »