Georgia Power names Arthur Tripp as vice president of Economic Development

Rhea-AI Summary

Georgia Power, a subsidiary of Southern Company (NYSE: SO), has appointed Arthur Tripp as vice president of Economic Development, succeeding Walt Farrell. Tripp, who previously served as state executive director of the USDA Farm Service Agency in Georgia, will lead initiatives to enhance the state's economic prosperity. Georgia Power's economic development team has supported over 1,100 projects, generating more than 214,000 jobs and nearly $89 billion in capital investment. The company serves 2.8 million customers across Georgia and has maintained its position as a top utility for economic development for over 25 years. Tripp brings extensive experience in economic development and policy, having worked as a senior policy advisor and held various leadership positions.

Positive

• Company has supported over 1,100 economic development projects resulting in 214,000 new jobs
• Track record of nearly $89 billion in new capital investment through economic development initiatives
• Maintained position as top utility for economic development for over 25 years
• Large customer base of 2.8 million across Georgia

Negative

• None.

News Market Reaction

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+0.27% News Effect

On the day this news was published, SO gained 0.27%, reflecting a mild positive market reaction.

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Company builds on longstanding national reputation as a top utility for economic development

ATLANTA, June 9, 2025 /PRNewswire/ -- Georgia Power, the state's leading electric utility serving 2.8 million customers, has named Arthur Tripp as the vice president of Economic Development. Tripp replaces Walt Farrell, who was recently named president and CEO of Atlanta Gas Light and Chattanooga Gas. In his new role, Tripp is responsible for driving initiatives that enhance the economic prosperity of the state, creating sustainable growth opportunities and building on the company's success as a top utility for economic development – a recognition that has held for more than 25 years.

"At Georgia Power, we're proud of our longstanding partnership with the state in successful economic development, which has brought new jobs and investment, ultimately making our communities stronger and providing a higher quality of life for Georgia families," said Trey Kilpatrick, senior vice president of External Affairs for Georgia Power. "At the center of this process are relationships that are built on trust, and Arthur's extensive background in economic development and deep knowledge of policy, paired with strong external relationships, are all important assets that will help move Georgia forward as the number one state for business."

Prior to joining Georgia Power in 2024, Tripp served as the state executive director of the USDA Farm Service Agency in Georgia, appointed by the Biden administration. He also worked as a senior policy advisor to U.S. Rep. David Scott, a senior administrator in the Office of the President at the University of Georgia and district director for Georgia's 7th Congressional District.

Tripp is a native of Warner Robins and holds a bachelor's in political science from the University of Georgia. He is a graduate of the 2019 Class of Leadership Georgia and served as a program chair for the 2020 class. He actively contributes to several boards and has previously served on the board for the Athens Chamber of Commerce.

For almost a century, Georgia Power has helped Georgia grow and prosper by locating new businesses to the state and providing them with the energy they need. The company's team of experts offers no-cost consultation and services to the state, site selection consultants, community partners, and businesses. Additionally, Georgia Power's regional economic development managers live and work in the regions they serve, helping local leaders with strategic growth plans and with existing businesses to ensure long-term success.  This collaborative approach to economic development has supported over 1,100 projects resulting in more than 214,000 new jobs, and nearly $89 billion in new capital investment over the years.

To read more about Georgia Power Economic Development, visit selectgeorgia.com.

About Georgia Power
Georgia Power is the largest electric subsidiary of Southern Company (NYSE: SO), America's premier energy company. Value, Reliability, Customer Service and Stewardship are the cornerstones of the company's promise to 2.8 million customers in all but four of Georgia's 159 counties. Committed to delivering clean, safe, reliable and affordable energy, Georgia Power maintains a diverse, innovative generation mix that includes nuclear, coal and natural gas, as well as renewables such as solar, hydroelectric and wind. Georgia Power focuses on delivering world-class service to its customers every day and the company is recognized by J.D. Power as an industry leader in customer satisfaction. For more information, visit www.GeorgiaPower.com and connect with the company on Facebook (Facebook.com/GeorgiaPower), X (X.com/GeorgiaPower) and Instagram (Instagram.com/ga_power).

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SOURCE Georgia Power

FAQ

Who is the new vice president of Economic Development at Georgia Power (SO)?

Arthur Tripp has been appointed as the new vice president of Economic Development at Georgia Power, replacing Walt Farrell.

What is Georgia Power's (SO) economic development track record?

Georgia Power has supported over 1,100 projects resulting in more than 214,000 new jobs and nearly $89 billion in new capital investment.

How many customers does Georgia Power (SO) serve?

Georgia Power serves 2.8 million customers in all but four of Georgia's 159 counties.

What was Arthur Tripp's previous role before joining Georgia Power (SO)?

Prior to joining Georgia Power in 2024, Arthur Tripp served as the state executive director of the USDA Farm Service Agency in Georgia, appointed by the Biden administration.

How long has Georgia Power (SO) been recognized as a top utility for economic development?

Georgia Power has been recognized as a top utility for economic development for more than 25 years.