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Noticias de SO
Eventos de SO
Google Partners with Georgia Power on Nuclear Energy Agreement
Nuclear energy has long been an important part of Georgia's energy mix, with more than 25% of energy produced last year coming from nuclear, including the nation's largest generator of clean energy: Plant Vogtle near Waynesboro, Georgia. Georgia Power and Google (GOOG, GOOGL) announced a new agreement that will further advance clean and reliable nuclear energy in the state while also providing significant savings for customers. Under the agreement, which is subject to approval by the Georgia Public Service Commission, Google will support uprates on Georgia Power's owned portion of the nuclear units at Plants Vogtle and Hatch that will allow the facilities to add approximately 96 megawatts of new capacity to the electric grid to serve Georgia Power customers. Google's subscription is expected to enable approximately $900M in projected benefits to customers over the life of the units. The agreement is included in filings (Docket 44280, Docket 56002) made at the Georgia PSC. The filings also include a new Nuclear Uprate tariff structure as well as a request to approve a new extended power uprate for Plant Hatch 1 & 2. An EPU for Plant Vogtle 1 & 2 was previously approved by the Georgia PSC in the 2025 Integrated Resource Plan. Georgia Power is the largest electric subsidiary of Southern Company (SO).
PowerSecure Subsidiary Signs Agreement with Keel Infrastructure
PowerSecure, a subsidiary of Southern Company (SO), entered into an agreement with Keel Infrastructure (KEEL) to provide a fully integrated backup resiliency solution for Keel Infrastructure's data center campus in Moses Lake, Washington. Under the agreement, PowerSecure will design and deliver a customized standby power solution tailored to the needs of the Moses Lake campus, helping ensure operational continuity and long-term flexibility as the site grows. The solution is designed for scalability across PowerSecure PowerBlocks - modular, integrated power generation systems that combine onsite generation, controls and electrical infrastructure to provide reliable backup and resilient energy for mission-critical facilities.
Georgia Power Signs Contract with OpenAI, Customers Expected to Save $15 Monthly
Southern Company subsidiary Georgia Power announced that its contract to serve OpenAI's new project in Effingham County has been approved as part of the regulatory process with the Georgia Public Service Commission. With the projects announced to date and projected future growth in the state, Georgia Power customers are expected to see savings of at least $15 per month beginning in 2029 for the typical residential customer using 1,000 kilowatt-hours per month, an increase from the company's December 2025 commitment of $102 per year to $180 per year. The increased savings for customers are the result of projected incremental revenue from new large-load customers that is expected to provide savings of approximately $950M per year, increasing customer benefits to $2.847B over the three-year period of 2029-2031. The company's contract with OpenAI was filed with the Georgia PSC in July and includes 3,200 megawatts of new demand. Under that agreement, OpenAI will pay the full cost of the infrastructure needed to serve it and has committed up to 1,000 MW of flexible demand response, which enables Georgia Power to reduce energy delivered to the facility during periods of high demand and invest in fewer new generation resources to serve future growth.
Southern Company Issues $650M Convertible Notes
Southern Company announced offerings of $650M in aggregate principal amount of its convertible senior notes due December 15, 2027 and $1.5B in aggregate principal amount of its convertible senior notes due September 15, 2029 in private placements to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The Convertible Notes will mature on December 15, 2027 (in the case of the 2027 Convertible Notes) and September 15, 2029 (in the case of the 2029 Convertible Notes), unless earlier repurchased or converted in accordance with their terms.
Southern Company Sees Q3 EPS at $1.65, Beating Consensus of $1.64
Southern Company sees Q3 EPS $1.65, consensus $1.64
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