|
Marce
Fuller chief executive of Southern Energy and scuba
diving enthusiast is helping expand our world.
MAKING
A GOOD THING BETTER
Southern Energy's faster than expected growth and greater than
expected success helps Southern Company achieve record earnings. We're
working to continue that. Our competitive energy business outside the
Southeast is growing fast. Southern Energy's 1999 earnings from operations
were $328 million, compared with $239 million in 1998. We have a large,
balanced competitive energy supply business. From that base, we've targeted
markets with high, increasing energy use throughout North America and
around the world. More than half the revenue in our competitive energy
supply business comes from long-term contracts. No single project contributes
more than 17 percent of our cash.

|