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Southern to acquire PowerSecure International for $431M

The pace of change in the utility sector received further evidence last week when Southern Co. announced plans to acquire PowerSecure International for its distributed generation, energy efficiency and utility infrastructure solutions.In a Feb. 24 news release, Southern said the deal will position t Read More...

Duke Energy, Southern look to renewables growth; Duke targets 8 GW by 2020

Duke Energy, one of the largest utility holding companies in the U.S., has pronounced a new growth strategy: Renewable energy. The company, whose regulated utility territories span six states in the Southeast and Midwest, said in an April 28 news release hinged to its 2015 sustai Read More...

Southern ramps up clean energy services to C&I customers with PowerSecure deal

Utility behemoth Southern Co. got even deeper into the clean energy business May 9, when the Atlanta-based company announced the completion of its acquisition of distributed infrastructure company PowerSecure International. The approximately $425 million deal instantly beefs up Southern Co.'s c Read More...

Wal-Mart moves closer to renewable power goals with utility solar deal

Owed to a new deal with Alabama Power, Wal-Mart Inc. is a little closer to meeting their renewable energy targets.The giant retailer has entered into long-term contract with Southern Co. subsidiary Alabama Power for the renewable energy credits associated with a new, 72-MW photovoltai Read More...

Southern Power completes €1.1B green bond issuance to accelerate renewable projects

Continuing on plans to accelerate ownership of renewable energy generation, Southern Co. subsidiary Southern Power has completed the issuance of €1.1 billion aggregate principal amount of green bonds. An amount equal to the U.S. dollar equivalent of the net proceeds of the o Read More...

Southern Power continues solar binge, scoops up 3 new projects

On its path to be a "renewable energy leader," Southern Co.'s unregulated electric power business has bought three new solar projects in as many days. In the wake of a scathing July 5 report in the New York Times regarding Southern Co.'s long-running "clean coal" project under constru Read More...

Southern Power buys 3rd Oklahoma wind project

Continuing on its clean power acquisition binge, Southern Co. subsidiary Southern Power on Aug. 29 announced its purchase of a 147-MW wind facility from Apex Clean Energy. The Great Plains wind facility in Oklahoma marks Southern Power's third wind project purchase in the state, build Read More...

Equinix signs on for massive fuel cell deployment

Photo of Bloom Energy fuel cells deployed on the Equinix Great Oaks campus in Silicon Valley, Calif. Global interconnection and data center company Equinix announced Aug. 16 the signing of a power purchase agreement for the deployment of behind the meter fuel cells at 12 sites across the U.S.&n Read More...

Georgia Power offers renewables for C&I customers

As utilities continue to make moves to better serve their commercial and industrial customers, Southern Co. subsidiary Georgia Power on Sept. 19 announced a new program intended to help those customers meet their renewable energy goals.The program is available to C&I customers under the Renewabl Read More...

Mercedes-Benz Stadium hosts onsite grid solar

Photo of solar panels at Mercedes-Benz Stadium courtesy of Georgia Power. The newly opened Mercedes-Benz Stadium in Atlanta, which is in the middle of its inaugural season, has been benefitting from more than 4,000 solar panels installed onsite with help from its utility, Georgia Power.&nb Read More...

Alabama Power, Walmart solar project starts up

Nearly 18 months after initially announced, one of Alabama's largest solar projects is up, running and providing renewable energy to Wal-Mart Stores Inc. through a long-term contract with Alabama Power.According to a Jan. 2 report from Alabama NewsCenter, the 72 MW project has begun generating power Read More...

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