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The Southern (SO) Stock News, Apr-May 2024

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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.

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Southern Power, a subsidiary of Southern Company, has announced the expansion of its Millers Branch Solar Facility in Texas, adding 180 MW to the existing 200 MW project. The total capacity could reach 500 MW. The project aims to provide renewable energy solutions to diverse customers and communities, with commercial operation expected in the second quarter of 2026. Various companies have signed power purchase agreements to support the environmental attributes of the expansion. This move aligns with Southern Power's strategy of bolstering its wholesale business through long-term contracts with reliable partners.

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Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, has announced the operational status of the 150MW South Cheyenne Solar Facility in Wyoming. This marks their 30th solar facility and first in Wyoming, contributing to their clean energy fleet spanning from California to Maine. The facility will generate electricity under a 20-year agreement with Cheyenne Light, Fuel and Power, supporting a data center customer. Acquired from Qcells USA Corp., the project created over 200 jobs and adds to Southern Power's 2,740MW solar portfolio within a 5,280MW renewable fleet strategy.

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Alabama Power announced the election of Lee Goodloe, Larry Howell, and Will Wilson to its Board of Directors. The company expressed enthusiasm for their leadership and expertise, highlighting the valuable perspectives they bring. Goodloe, Howell, and Wilson each have impressive backgrounds in their respective industries, with a focus on manufacturing, wooden pallet production, and real estate investment.

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Georgia Power announced that Plant Vogtle Unit 4 has entered commercial operation, making it the largest generator of clean energy in the U.S. The plant can power 500,000 homes and businesses, offering reliable, emissions-free energy for at least 60-80 years. With all four units in operation, Plant Vogtle is expected to produce over 30 million megawatt hours of electricity annually.

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FAQ

What is the current stock price of The Southern (SO)?

The current stock price of The Southern (SO) is $82.88 as of September 26, 2026.

What is the market cap of The Southern (SO)?

The market cap of The Southern (SO) is approximately 95.3B.