Southern Company is an American utility holding company that provides electricity and natural gas services to millions of customers across the southeastern United States. It was founded in 1945 and is headquartered in Atlanta, Georgia. The company was formed as a result of the merger of four small regional electric companies: Alabama Power, Georgia Power, Gulf Power, and Mississippi Power. Over the years, Southern Company has grown through acquisitions and expansion to become one of the largest electric utilities in the country.
The primary business of Southern Company is to generate, distribute, and sell electricity to retail and wholesale customers. They operate a diverse portfolio of power plants, including nuclear, coal, natural gas, and renewable energy facilities. The company is committed to providing reliable and affordable energy to its customers while also embracing new technologies and sustainable practices to reduce its environmental impact.
Southern Company and its subsidiaries serve customers in multiple states, including Alabama, Georgia, Florida, and Mississippi. They are one of the largest producers of electricity in the United States, with a strong presence in the southeastern region. Southern Company is listed on the New York Stock Exchange (NYSE) under the ticker symbol SO. It is also a component of the S&P 500 index, which includes the 500 largest publicly traded companies in the United States.
In addition to its core utility business, Southern Company is involved in various other ventures related to energy services, including energy trading, natural gas storage, and renewable energy development. The company is actively investing in renewable energy projects to diversify its energy sources and reduce carbon emissions. It also collaborates with research institutions and other companies to drive innovation and advance the clean energy transition.