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Latest SO News From Around the Web
Below are the latest news stories about Southern Co that investors may wish to consider to help them evaluate SO as an investment opportunity.
ATLANTA, July 9, 2020 /PRNewswire/ -- Southern Company plans to release its earnings for the second quarter of 2020 by 7:30 a.m. EDT on Thursday, July 30th. Chairman, president and CEO Thomas A. Fanning and CFO Andrew W. Evans will discuss earnings during a conference call for financial…
Georgia Power is offering a special payment plan to help customers with past-due account balances accumulated during the COVID-19 pandemic. Customers who enroll by July 15 will be able to pay past-due balances over a six-month timeframe between October 2020 and March 2021, with no late fees.
Dominion Energy Brayton Point -- Moody's affirms Dominion and Dominion Energy Gas Holdings ratings; outlooks stable
New York, July 06, 2020 -- Moody's Investors Service, ("Moody's") today affirmed the ratings of Dominion Energy, Inc. (Dominion), including its Baa2 senior unsecured and P-2 commercial paper ratings. At the same time, Moody's affirmed the ratings of Dominion Energy Gas Holdings, LLC (DEGH), including its Baa1 senior unsecured and P-2 commercial paper ratings. The affirmation follows the 5 July 2020 announcement that Dominion intends to sell substantially all of its gas transmission and storage assets, predominantly housed under DEGH, to Berkshire Hathaway Energy Company (BHE, A3 stable) .
Dominion Energy Inc said cancellation of the $8 billion Atlantic Coast natural gas pipeline in the United States would present challenges in meeting growing demand but that increased supply of clean energy should fill some of the gap. Dominion was building the pipeline to meet growing gas demand in southeast Virginia and eastern North Carolina. The project was the latest of several in the United States abandoned after long delays in the approval process and as the fall in demand caused by coronavirus makes the case for more capacity less pressing.
The nearly $10 billion deal increases the conglomerate’s footprint in the natural gas business Continue reading...
Municipal Electric Authority of Georgia -- Moody's affirms Baa3 rating on Municipal Electric Authority of Georgia's Plant Vogtle Units 3&4 Project J bonds; changes outlook to positive from negative
Moody's Investors Service has affirmed the Baa3 rating for Municipal Electric Authority of Georgia's (MEAG Power) Plant Vogtle Units 3&4 Project J Bonds, affecting approximately $1.97 billion of outstanding rated debt. Concurrent with the rating affirmation, Moody's has changed the outlook for MEAG Power Project J Bonds to positive from negative.
As the largest non-governmental provider of recreation facilities in the state, Georgia Power is reminding customers and vacationers if they are planning to head out to company lakes and waterways for the upcoming July 4th holiday weekend, to be sure to follow guidelines on social distancing, facial coverings and group-size as advised by the Centers for Disease Control and Prevention and the Georgia Department of Public Health.
Southern Company Gas has announced that Melvin D. Williams, president of Nicor Gas and senior vice president of Southern Company Gas will retire, effective Sept. 1.
The re-sequencing of construction activities at the Vogtle nuclear project has a negative impact on the credit of Southern Co.'s ([[SO]] -2%) Georgia Power unit, Moody's says."The unexpected, late-stage changes" to planned activities is credit negative for Georgia Power because it indicates "challenges with the project continue, increasing the likelihood...
Southern Company (SO) affiliate, which acquired the Reading wind project in August 2018 from developer Renewable Energy Systems Ltd, is the 11th wind park in Southern Power's portfolio.