Southern Company: A Turning Point After Recent Declines?

Shares of US utility giant Southern Company appear to be finding a floor following a significant downturn. The company’s long-term strategy, anchored by a multi-billion dollar infrastructure push, is moving forward as a crucial regulatory vote approaches, even as market experts offer mixed reviews.

At the heart of Southern’s growth narrative is a substantial infrastructure initiative. Its subsidiary, Georgia Power, has secured a landmark agreement for the 2028-2031 period, which includes the certification of nearly 10,000 megawatts in new capacity. The company plans capital investments of approximately $16.3 billion for its own projects, with about $14 billion slated to flow between 2026 and 2029. This investment is primarily aimed at meeting Read more...