UPDATE 2-Florida Power & Light parent adds to Florida assets with $5.1 bln deal [Reuters]
Southern Company (The) (SO)
Last southern company (the) earnings: 4/30 06:30 am
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Source: Reuters
NextEra Energy to buy some Southern Co assets for $5.08 billion | Reuters Reuters Staff 2 Min Read (Reuters) - U.S. power company NextEra Energy Inc ( NEE.N ) said on Monday it would buy some assets including Gulf Power Co and Florida City Gas from rival Southern Co ( SO.N ) for $5.08 billion. The U.S. utility sector is undergoing rapid consolidation as consumption in many parts of the country flattens while consumers, companies and governments look for ways to be more energy efficient. Juno Beach, Florida-based NextEra said it would also buy Southern Co’s interests in the Oleander and Stanton natural-gas plants. Including debt, the deal is valued at $6.48 billion, NextEra said. Gulf Power, which serves around 450,000 customers in eight counties throughout northwest Florida, has roughly 9,500 miles of power lines and 2,300 megawatts of electric generating capacity. Florida City Gas, which serves approximately 110,000 residential and commercial natural-gas customers, has 3,700 mile
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News
- Revolutionizing Sustainable Energy: Georgia Solar Companies Partner with Georgia Power to Unveil New Parking Deck Solar Array [Yahoo! Finance]Yahoo! Finance
- Revolutionizing Sustainable Energy: Georgia Solar Companies Partner with Georgia Power to Unveil New Parking Deck Solar ArrayBusiness Wire
- Give Old Electronics a New Life with Georgia Natural Gas and Lenox Square at Annual Earth Day Recycling Drive [Yahoo! Finance]Yahoo! Finance
- Give Old Electronics a New Life with Georgia Natural Gas and Lenox Square at Annual Earth Day Recycling DrivePR Newswire
- The Southern Company (NYSE: SO) had its price target raised by analysts at Barclays PLC from $65.00 to $66.00. They now have an "equal weight" rating on the stock.MarketBeat
SO
Earnings
- 2/15/24 - Beat
SO
Sec Filings
- 4/12/24 - Form ARS
- 4/12/24 - Form DEF
- 4/12/24 - Form DEFA14A
- SO's page on the SEC website