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Stock Market & Financial Investment News

News Breaks
June 11, 2014
11:59 EDTSOSouthern Company executives enter into 10b5-1 trading plans
Southern Company disclosed in a filing that on May 29, W. Paul Bowers, EVP of The Southern Company , entered into a Rule 10b5-1 plan with a broker to sell company common stock that will be acquired on Mr. Bowers’ exercise of certain company stock options. Under the Bowers Plan, up to 128,093 shares of company common stock may be sold beginning June 28. On June 2, Art. P. Beattie, EVP and CFO, entered into a Rule 10b5-1 plan with a broker to sell company common stock that will be acquired on Mr. Beattie’s exercise of certain Company stock options. Under the Beattie Plan, up to 57,983 shares of company common stock may be sold beginning July 3,.
News For SO From The Last 14 Days
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February 26, 2015
14:37 EDTSOSouthern Company management to meet with SunTrust
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February 23, 2015
06:13 EDTSOSouthern Company implied volatility of 18 at upper end of index mean range
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February 20, 2015
09:05 EDTSOSouthern Company subsidiary acquires two Georgia solar projects
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09:04 EDTSOSouthern Company subsidiary acquires two Georgia solar projects
Southern Company subsidiary Southern Power announced the acquisition of two photovoltaic solar projects totaling 99 megawatts in Georgia – the 80-MW Decatur Parkway Solar Project and the 19-MW Decatur County Solar Project – from Tradewind Energy. The projects were proposed by Tradewind Energy and selected by Southern Company subsidiary Georgia Power in a competitive process through the nationally recognized Georgia Power Advanced Solar Initiative. The electricity and associated renewable energy credits generated by the 80-MW facility will be sold under a 25-year power purchase agreement with Georgia Power. Construction of the 80-MW facility is currently scheduled to begin this month. Georgia Power will purchase the energy generated from the 19-MW project under a 20-year PPA. Southern Power will retain the associated RECs, which it may sell to third parties. Construction of the 19-MW facility is currently scheduled to begin in June. Both projects, which are expected to enter commercial operation in late 2015, will be constructed on separate sites totaling approximately 950 acres in south Georgia's Decatur County using single-axis tracking technology – optimizing efficiency by directing solar panels to track the sun.

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