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 rights to 30 facilities operating or under construction in nine states with more than 10,200 MW of generating capacity in Alabama, California, Florida, Georgia, Nevada, New Mexico, North Carolina, Oklahoma and Texas.
Southern Company subsidiary Southern Power today announced an agreement to acquire the company's second wind project - the 151-megawatt (MW) Grant Wind facility in Oklahoma - from Apex Clean Energy. The acquisition is expected to close in March 2016 upon successful completion of project construction.
September 2, 2015 - Southern Company subsidiary acquires system's largest solar project
Marking a major milestone in the strategic expansion of one of the nation's leading renewable generation portfolios, Southern Company subsidiary Southern Power today announced the acquisition of a controlling interest in the company's largest solar asset — the 300-megawatt (MW) Desert Stateline Facility in California — from First Solar Inc., which will retain the remaining interest in the project. This project represents Southern Power's and First Solar's fourth shared acquisition.
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.