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Stock Market & Financial Investment News

News Breaks
January 10, 2014
14:13 EDTSOGeorgia Power to file decertification request for Plant Mitchell Unit 3
Georgia Power announced that it plans to file a request in 2014 with the Georgia Public Service Commission to decertify Unit 3 at Plant Mitchell in Albany, Ga. The company is also cancelling the previously proposed conversion of the coal-fired unit to biomass after extensive review and analysis deemed the conversion would not be cost effective for its customers. If the request to decertify the 155 megawatt unit is approved, it will be retired by April 16, 2015 the compliance date of the United States Environmental Protection Agency's Mercury and Air Toxics Standards Rule. Georgia Power is in the midst of a significant transition to the company's generation fleet. As part of its 2013 Integrated Resource , the company received approval from the PSC to decertify and retire more than 2,000 MW of coal- and oil-fired generation at facilities across the state. Georgia Power is the largest subsidiary of Southern Company.
News For SO From The Last 14 Days
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July 29, 2015
14:12 EDTSOSouthern Company says cash flow will increase as CapEx winds down
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13:48 EDTSOSouthern Company says sees acquisitions, share repurchases as options
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13:26 EDTSOSouthern Company says growth fueled by retail electricity sales
Says renewable projects pursued across entire company. Says Vogtle nuclear units 3,4 on target for 2019-2020. Says Kemper combined-cycle operations running fine. Comments from Q2 earnings conference call.
12:59 EDTSOSouthern Company sees Q3 EPS $1.16, consensus $1.13
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07:18 EDTSOSouthern Company reports Q2 kilowatt-hour sales to retail increased 2.2%
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07:17 EDTSOSouthern Company reports Q2 EPS excluding items 71c, consensus 69c
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July 21, 2015
15:40 EDTSOGeorgia Power receives approval for Albany solar project
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