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The Southern (SO) Stock News, Nov 8-22, 2021

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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 Company has partnered with the U.S. Department of Energy to develop the world’s first critical fast-spectrum salt reactor, the Molten Chloride Reactor Experiment. Funded under the Advanced Reactor Demonstration Program, this initiative, with a budget of $170 million, aims to commercialize TerraPower’s advanced nuclear technology. The project will be conducted in collaboration with notable partners such as Idaho National Laboratory and 3M. Expected to enhance clean energy generation, it supports Southern Company’s goal of net-zero greenhouse gas emissions by 2050.

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On November 17, 2021, National Utility Scam Awareness Day highlights the rising threat of utility scams. Georgia Power emphasizes its commitment to customer safety amidst over 2 million reported fraud cases in 2020. The company warns customers of scammers who can spoof their phone numbers and offers crucial tips to avoid scams. Georgia Power clarifies that they do not ask for sensitive information over the phone and urges customers to verify calls by directly dialing their customer service line. The company collaborates with law enforcement to combat these scams.

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Chattanooga Gas Foundation has donated $25,000 to Project Return to support formerly incarcerated individuals in Tennessee. This donation aims to facilitate their transition back into society, aligning with the foundation's commitment to diversity, equity, and inclusion. Project Return has achieved an 82% job acquisition rate and a 13% recidivism rate, significantly lower than state and national averages. The expansion of Project Return's operations to Chattanooga reflects the area's strong economy and support from local leaders.

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This holiday season, a collaboration between the Better Business Bureau and utility companies aims to raise awareness about increasing scam attempts targeting consumers. Steve Bernas, CEO of the BBB of Chicago, indicates a rise in imposters posing as utility workers. In 2020, Americans lost over $3.3 billion to fraud, with nearly $1.2 billion due to impersonation scams. The initiative coincides with Utility Scam Awareness Week (Nov. 14-20) to educate customers on protective measures, including verifying identification and never disclosing personal information to unsolicited contacts.

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Chattanooga Gas is participating in Utility Scam Awareness Week from Nov. 15-19 to educate customers on prevalent scams, which caused over $3.3 billion in losses in 2020, per the FTC. The company emphasizes the importance of vigilance against tactics used by scammers, such as threats of disconnection and requests for immediate payments through unconventional methods. Chattanooga Gas reassures customers that it employs no aggressive methods and provides tips for identifying legitimate communications.

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Atlanta Gas Light joins 150 U.S. and Canadian energy firms for Utility Scam Awareness Week from Nov. 15-19, aiming to educate customers on common scams. In 2020, imposter scams cost consumers over $3.3 billion, with nearly $1.2 billion attributed to imposter scams alone. The company emphasizes customer safety and awareness, advising customers to be vigilant against threats of disconnection, unusual payment requests, and other scam tactics. Atlanta Gas Light will not contact customers regarding natural gas bills, reinforcing its commitment to community awareness and safety.

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Southern Company announced the launch of Energy Impact Partners' (EIP) Fund II, securing $1 billion in commitments aimed at advancing climate solutions. The fund focuses on investing in innovative companies enhancing the zero-carbon economy. Southern Company emphasizes its commitment to sustainability and innovation as it collaborates with EIP. Fund II has already invested in over a dozen technology firms critical to energy transition. Southern Company serves 9 million customers and promotes a portfolio of energy resources, including renewables and carbon capture technologies.

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Georgia Power announced its commitment to expanding renewable energy, launching a draft Request for Proposals (RFP) for 1,030 MW of new Utility-Scale renewable resources, with in-service dates in 2023 and 2024. This initiative follows the 2019 Integrated Resource Plan, which authorized the procurement of 2,000 MW of renewable resources. Already hosting over 2,700 MW of renewable capacity, Georgia Power aims to enhance its portfolio while offering competitive rates to its customers. Bidding for the RFP will commence in Q1 2022.

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FAQ

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

The current stock price of The Southern (SO) is $85.52 as of September 19, 2026.

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

The market cap of The Southern (SO) is approximately 98.4B.