Welcome to our dedicated page for The Southern news (Ticker: SO), a resource for investors and traders seeking the latest updates and insights on The Southern stock.
The Southern Company reports news about an energy provider serving 9 million customers through electric operating companies in three states, natural gas distribution companies in four states, Southern Power, PowerSecure, fiber optics and telecommunications services. Recurring updates cover earnings, dividend actions and operating developments across Alabama Power, Georgia Power, Mississippi Power, Southern Power and Southern Company Gas.
Company news also includes Georgia Power matters before the Georgia Public Service Commission, including resource planning, capacity procurement, solar resources, transmission and distribution upgrades, grid reliability programs, storm readiness and customer safety communications. PowerSecure updates focus on distributed energy solutions such as utility-scale battery storage, solar generation, backup power and resiliency projects.
Georgia Power (SO) has placed its 128-megawatt Robins Battery Facility near Warner Robins, Georgia, into commercial operation, adding up to four hours of battery energy storage to the grid and pairing it with the existing Robins Solar Facility.
The project is part of the company’s plan to expand cost-effective resources through the Georgia Public Service Commission’s Integrated Resource Plan. Georgia Power has already completed battery storage facilities in Cherokee and Lowndes counties totaling 579.5 MW and is nearing completion of a 57.5 MW facility in Floyd County. The PSC has approved nine additional battery storage facilities across eight sites, representing more than 3,000 MW of future capacity, plus two solar-plus-storage projects in Laurens and Mitchell counties providing a combined 350 MW of generation.
Georgia Power (SO) received Georgia Public Service Commission approval for 1,137 MW of new solar power purchase agreements under its CARES 2023 and CARES 2025 RFP programs, expanding its renewable portfolio across the state.
The approval covers seven solar PPAs in Appling, Decatur, Jefferson, Sumter, Warren, Emanuel and Irwin counties, with projects expected to begin commercial operation as early as 2029. The 2023 procurement period represents the largest single solar procurement in the company’s history and follows 1,068 MW of CARES 2023 projects approved in September 2025.
Georgia Power also opened enrollment for the CARES Customer Identified Resource program, approved for up to 3,000 MW of additional renewable projects for eligible commercial and industrial customers.
PowerSecure (subsidiary of SO) has entered into an agreement with Keel Infrastructure (KEEL) to provide a fully integrated backup resiliency solution for Keel’s data center campus in Moses Lake, Washington.
PowerSecure will design and deliver a customized, scalable standby power system based on its modular PowerBlocks® platform, aimed at ensuring operational continuity, supporting future campus expansion and enabling peak shaving to optimize energy use during high-load periods.
Georgia Power (SO) is urging its 2.8 million customers to prepare for emergencies during National Preparedness Month this September, as hurricane season reaches its peak.
The company is partnering with FEMA and the Georgia Emergency Management and Homeland Security Agency and highlights investments in Smart Grid technology and a Grid Investment Program that in 2025 improved reliability for more than 535,000 customers and helped prevent 108 million customer outage minutes. Customers are encouraged to build emergency kits, create family emergency plans, understand local risks, and use resources such as Outage Alerts, the online Outage & Storm Center, an interactive Outage Map, the Georgia Power mobile app, and social media channels for real-time storm and outage information.
Georgia Power, a subsidiary of Southern Company (NYSE: SO), received Georgia Public Service Commission approval for its contract to serve OpenAI’s new Effingham County project, covering 3,200 MW of new demand. OpenAI will pay the full cost of infrastructure and provide up to 1,000 MW of flexible demand response.
According to the company, projected incremental revenue from new large-load customers is expected to generate customer savings of about $950 million per year, raising total customer benefits to $2.847 billion over 2029–2031. Typical residential customers using 1,000 kWh per month are expected to save at least $15 per month (about $180 per year) starting in 2029, up from a prior commitment of $102 per year. The approval builds on a previously approved base rate freeze (2025) and an overall rate reduction plan (2026).
Georgia Power (NYSE: SO) reported that its Learning Power program has engaged more than 1.5 million students across Georgia since 2011, marking 15 years in classrooms. The free, STEM-focused energy education initiative has reached over 2,400 schools in 155 counties and supported more than 16,000 educators, with around 2,700 classroom visits annually.
Georgia Power, the largest electric subsidiary of Southern Company (NYSE: SO), highlights its more than 1,100 generation employees during August’s Generation Appreciation Month, recognizing their role in maintaining reliable power through peak summer demand.
According to the company, its diverse fleet of hydro, solar, battery storage, natural gas, nuclear and coal plants achieved a 2025 non-nuclear equivalent forced outage rate of 1.67%, among the best in company history and in the industry. Georgia Power is working with the Georgia PSC to add thousands of megawatts of new generation and expects to hire nearly 250 full-time employees and support over 3,000 construction jobs for upcoming projects.
Southern Power (NYSE:SO) announced that the Southern Power Foundation has awarded a grant to the Haskell Volunteer Fire Department in Haskell County, Texas. According to Southern Power, the funds were used to equip a quick response brush truck serving areas near the Millers Branch Solar Facility.
The truck features a high-capacity pump, remote-controlled nozzles, a front-mounted winch and enhanced lighting, aimed at improving emergency response. The Foundation supports educational, environmental and community-focused initiatives across the company’s service footprint.
Southern Company (NYSE: SO) priced $725 million of Series 2026A 2.125% Convertible Senior Notes due December 15, 2027 and $1.65 billion of Series 2026B 3.50% Convertible Senior Notes due September 15, 2029 in Rule 144A private placements, upsized by $75 million and $150 million, respectively.
Initial purchasers have 13 days to buy up to an additional $108.75 million of 2026A and $247.5 million of 2026B notes. The 2026A notes convert at 9.5641 shares per $1,000 (conversion price ~$104.56, a 12.5% premium); 2026B at 8.4389 shares (conversion price ~$118.50, a 27.5% premium), subject to adjustment. Net proceeds are estimated at ~$721 million (2026A) and ~$1.63 billion (2026B), to be used to repurchase about $369 million principal of 4.50% Series 2024A notes for ~$403 million, repay short-term debt and for general corporate purposes.
Southern Company (NYSE: SO) announced private offerings of $650 million aggregate principal amount of Convertible Senior Notes due December 15, 2027 and $1.5 billion due September 15, 2029 to qualified institutional buyers under Rule 144A. Initial purchasers are expected to receive options to buy up to an additional $97.5 million of 2027 notes and $225 million of 2029 notes.
The notes will be senior, unsecured obligations, pay semiannual interest, and be convertible under specified conditions, with settlement in cash, common stock, or a combination at Southern Company’s election. According to Southern Company, net proceeds will be used to repurchase portions of its outstanding convertible notes, repay short-term debt, and for general corporate purposes.