Southern Company Arm Gets $160M DOE Loan to Enhance Power Grid [Yahoo! Finance]
Southern Company (The) (SO)
Last southern company (the) earnings: 4/30 06:30 am
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US:NYSE Investor Relations:
investor.southerncompany.com/information-for-investors/overview/default.aspx
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Source: Yahoo! Finance
The Southern Company 's SO largest electric subsidiary, Georgia Power, has been awarded $160 million in funding by the Department of Energy (“DOE”) under the Grid Resilience and Innovation Partnerships (GRIP) Program. The funding under this program is intended to support grid resilience against extreme weather conditions, improve grid flexibility and ensure affordable and reliable electricity access across American communities. Transforming Georgia's Power Grid With federal funding, the utility aims to integrate technology into its mechanism so that it can enhance the power grid's efficiency and make clean and safe energy available to the people. Investments in the transmission system will also ensure that high-voltage power lines are set up to transport electricity from power generation sources to the local communities. The funding under the GRIP program will deploy new technologies that will enhance the existing grids. These new technologies include dynamic line rating and re
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SO
News
- The Southern Company (NYSE: SO) had its price target lowered by analysts at Morgan Stanley from $88.00 to $85.00. They now have an "equal weight" rating on the stock.MarketBeat
- Virgil Miller named to Georgia Power Board of DirectorsPR Newswire
- Southern Power announces further expansion of Millers Branch Solar Facility in TexasPR Newswire
- American Red Cross Receives $1 Million Donation from Atlanta Gas Light Foundation for Community Adaptation Program Supporting Disaster Resiliency and Preparedness in Chatham County, Georgia [Yahoo! Finance]Yahoo! Finance
- LSC Expands Leadership Team With CRO, COO as Ambitious Network Expansion Accelerates in Phoenix, Tulsa [Yahoo! Finance]Yahoo! Finance
SO
Earnings
- 10/31/24 - Beat
SO
Sec Filings
- 11/15/24 - Form 4
- 11/14/24 - Form SC
- 11/5/24 - Form 4
- SO's page on the SEC website