Georgia Power says it needs a huge increase in power capacity to meet data center demand [Yahoo! Finance Canada]
Southern Company (The) (SO)
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Source: Yahoo! Finance Canada
It would be one of the biggest build-outs in the U.S. to meet the insatiable electricity demand from developers of artificial intelligence. The largest subsidiary of Atlanta-based Southern Co., Georgia Power said in testimony filed last month that the build-out will boost the state's economy and “allow Georgia to contribute to the nation's focus on the global importance of artificial intelligence and the digital economy.” “Given the number of companies interested in doing business in Georgia and the amount of customer load with signed contracts or in advanced discussions, it is important to continue moving forward with support for this great growth opportunity,” company officials said in testimony. But electricity bills have emerged as a potent political issue in Georgia and nationwide, with grassroots opposition to data centers partly based on fears that other customers will subsidize the power demands of technology behemoths. “I think what's happening in Georgia is in some se
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News
- Georgia Power says it needs a huge increase in power capacity to meet data center demand [CBS News]CBS News
- Alabama Power Commits to Steady Rates Through 2027PR Newswire
- Georgia Power, Atlanta Falcons team up for Light Up the Holidays contestPR Newswire
- Southern (NYSE:SO) had its "hold" rating reaffirmed by analysts at Jefferies Financial Group Inc..MarketBeat
- Southern (NYSE:SO) had its "underperform" rating reaffirmed by analysts at Morgan Stanley.MarketBeat
SO
Earnings
- 10/30/25 - Beat
SO
Sec Filings
- 12/4/25 - Form 4
- 11/26/25 - Form 4
- 11/25/25 - Form 144
- SO's page on the SEC website