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Stock impact report

Southern Power to sell 33% stake in solar portfolio for $1.175B [Seeking Alpha]

Southern Company (The) (SO) 
Last southern company (the) earnings: 4/30 06:30 am Check Earnings Report
Company Research Source: Seeking Alpha
Southern Power to sell 33% stake in solar portfolio for $1.175BSouthern Co.'s (NYSE:SO) wholesale energy subsidiaryagrees to sell a 33% stake in its solar portfolio to Global Atlantic Financial Group for $1.175B.The portfolio comprises 26 operating solar facilities representing 1.7 GW of capacity that is sold under long-term contracts.Southern Power will act as the general partner in the partnership and operate the projects.Click to subscribe to real-time analytics on SONow read:Southern Company Is Offering An Almost 8-Year High Dividend Yield » Show less Read more
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