Welcome to our dedicated page for Southern news (Ticker: SO), a resource for investors and traders seeking the latest updates and insights on Southern stock.
Southern Company (NYSE: SO) provides essential energy services to millions across the Southeastern United States through electric utilities, natural gas distribution, and innovative infrastructure solutions. This news hub offers investors and stakeholders direct access to the company's official communications and strategic developments.
Stay informed with verified updates spanning earnings announcements, regulatory milestones, grid modernization projects, and sustainability initiatives. Our curated collection ensures timely access to filings, operational updates, and leadership insights directly affecting SO's market position.
Key coverage areas include rate case decisions, renewable energy partnerships, infrastructure investments, and technology deployments. Track the company's progress in balancing traditional utility operations with emerging energy solutions while maintaining regulatory compliance.
Bookmark this page for streamlined monitoring of SO's financial performance, dividend declarations, and long-term growth strategies. Regular updates provide critical context for evaluating this utility leader's role in America's evolving power sector.
Southern Company is committed to environmental sustainability and aims for net zero greenhouse gas emissions by 2050. The company is focusing on reducing both Scope 1 and Scope 2 emissions, while engaging partners to lower Scope 3 emissions. Key strategies include transitioning away from coal, increasing reliance on natural gas, and expanding the zero-carbon resource portfolio. By 2028, Southern plans to have only eight coal units remaining, significantly decreasing its coal generation capacity. Additionally, the company emphasizes a Just Transition to support employees and communities during these changes.
Southern Company is advancing its commitment to historically Black colleges and universities (HBCUs) by fostering investments and partnerships that promote future leadership among students. During a recent event for Black History Month, Mark Berry, senior vice president of research and development at Southern Company Services, led a discussion with Bobbie Knight, president of Miles College, and Tony Allen, president of Delaware State University. The dialogue focused on the significant impact of corporate investments on HBCUs and their role in shaping Black leaders. This initiative represents Southern Company's strategic focus on community support and education.
On March 27, 2023, Alabama Power announced key leadership changes aimed at enhancing its economic development and environmental stewardship. Leigh Davis was appointed senior vice president of Marketing and Economic Development, while Nicole Faulk will serve as senior vice president of Sustainability and Environmental Affairs. Brandon Dillard has been named senior vice president and senior production officer. These appointments, effective April 3, are designed to ensure reliable service and meet customer needs, with each leader bringing extensive experience and expertise to their roles.
Southern Company aims to enhance its energy systems' reliability and resilience while transitioning to cleaner fuel sources. With a planned investment of $17 billion from 2022 to 2026 in electric transmission and distribution (T&D) systems, the company is focusing on upgrading infrastructure, deploying distributed generation solutions, and minimizing physical risks. As part of EPRI's Climate READi initiative, Southern Company is collaborating with global leaders to address climate risks. Ongoing innovations are essential for providing reliable, affordable energy amidst increasing severe weather and evolving customer needs.
On March 21, 2023, Alabama Power announced two new incentives aimed at encouraging residential customers to adopt electric vehicles. The EV Home Charger Rebate provides a one-time rebate of
Virginia Natural Gas (VNG) has launched a five-year pilot program approved by the Virginia State Corporation Commission to promote renewable natural gas (RNG) production within its service territory. This initiative is part of VNG's Sustainable Gas Program, aiming for net-zero direct greenhouse gas emissions by 2050. VNG will integrate RNG into its distribution system, marking it as the first local distribution company in Virginia to establish a Commission-approved tariff for RNG interconnections. The initiative supports a clean energy future and enhances local economies while reducing greenhouse gas emissions.
