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 28 facilities in nine states, with more than 9,900 MW of generating capacity operating or under development in Alabama, California, Florida, Georgia, Nevada, New Mexico, North Carolina, Oklahoma and Texas.
August 31, 2015 - Southern Company subsidiary acquires 200-MW California solar project
Expanding on one of America's largest renewable portfolios, Southern Company subsidiary Southern Power today announced the acquisition of a controlling interest in the 200-megawatt (MW) Tranquillity Solar Facility in California from Recurrent Energy, a subsidiary of Canadian Solar Inc. One of North America's largest solar developers, Recurrent Energy is constructing the facility and will retain the remaining interest in the project.
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.