Southern Power, a subsidiary of Southern Company, is a leading U.S. wholesale energy provider, meeting the electricity needs of municipalities, electric cooperatives and investor-owned utilities. Southern Power and its subsidiaries own or have the right to own 23 facilities in nine states, with more than 9,400 megawatts (MW) of generating capacity operating or under construction in Alabama, California, Florida, Georgia, Nevada, North Carolina, Oklahoma, Texas and New Mexico.
Reflecting its long-standing commitment to develop the full portfolio of energy resources, Southern Company subsidiary Southern Power announced the acquisition of a controlling interest in the 32-megawatt (MW) Lost Hills-Blackwell Solar Facility in California from First Solar, Inc. Remaining interest in the project will be owned by an affiliate of First Solar.
Southern Company subsidiary Southern Power has announced an agreement to acquire the 299-MW Kay Wind facility - the company's largest renewable electric generating plant and first wind project - located in Kay County, Oklahoma.
Southern Company subsidiary Southern Power has announced the acquisition of two photovoltaic solar projects totaling 99-MW in Georgia - the 80-MW Decatur Parkway Solar Project and the 19-MW Decatur County Solar Project. The facilities are expected to enter commercial operation in late 2015.
Southern Power is growing—expanding our footprint. Our plan is to continue increasing our operations in the competitive market. We focus our low-risk strategy of owning and operating quality generation assets under long-term contracts with creditworthy counterparties.
In addition to meeting all regulations through a comprehensive compliance strategy, we invest in research and technology to provide cleaner energy options for our customers. Southern Power's facilities are state-of-the-art in efficiency and environmental controls.