After outage chaos, officials reconsider airport power setup [FOX Business Network]
Southern Company (The) (SO)
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Source: FOX Business Network
ATLANTA – How could one fire knock out the main power to the world's busiest airport and at the same time disable the backup power? Continue Reading Below The head of Georgia Power Co. said Monday it's because power feeds from two sources come together in one place — and he said officials are looking at ways to make sure it doesn't happen again. A fire in an underground service tunnel brought Hartsfield-Jackson Atlanta International Airport to a standstill Sunday. Power wasn't fully restored until about midnight. Thousands of flights were canceled, and thousands of passengers stranded. Georgia Power believes the failure happened in a switch gear within the service tunnel, the utility's CEO Paul Bowers told The Associated Press. We don't know what caused the failure, but we do know the failure caused the fire and the fire is what really disrupted the service at the airport, he said. According to Bowers, there are two power feeds at the airport from
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- 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