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Stock impact report

Southern Company and Mississippi Power announce suspension of gasification operations

Southern Company (The) (SO) 
Last southern company (the) earnings: 4/30 06:30 am Check Earnings Report
Company Research Source: PR Newswire
ATLANTA, June 28, 2017 /PRNewswire/ -- Southern Company (NYSE: SO) and Mississippi Power today announced the company is immediately suspending start-up and operations activities involving the lignite gasification portion of the Kemper County energy facility. The combined cycle plant has been serving customers with reliable and affordable electricity for almost three years. The facility will continue to operate using natural gas pending the Mississippi Public Service Commission's decision on future operations. This action is being taken to preserve the safety and health of the workforce and safety of the facility, while still retaining the necessary workforce to operate the combined cycle power plant. "We are committed to ensuring the ongoing focus and safety of employees while we consider the future of the project, including any possible actions that may be taken by the Commission," said Southern Company Chairman, President and CEO Thomas A. Fanning. "We believe Show less Read more
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