Southern Company Unit Series A 2019 (NYSE:SOLN)


Southern Co is an American holding company that provides electricity and gas utility services.

Founded in 1945, the company is domiciled in Atlanta, Georgia.

The publicly listed company provides electricity through wholesale, retail and direct business operations.

The company’s other business activities include stake in telecommunications, gas storage facilities, leverage leased services, internet access services, paging and wholesales fiber optic solutions.

Southern Co announced priced offerings for 2019 Series A corporate units, initially 30 million units, in August 2019. The public offering price was US$ 50, inclusive of a contract to purchase the common stock of Southern Company in the near future. It is listed with ticker ‘SOLN’ on the New York Stock Exchange.

The company claims to support around nine million businesses and customers, and provides electric utilities in three states, and natural gas utilities distribution in four states of the United States.

Some of its electric companies that operate as separate entities are Alabama Power, Georgia Power, Mississippi power

Southern Co caters to natural gas generation and distribution through the following affiliates:
• Southern Company Gas
• Atlanta Gas Light
• Chattanooga Gas
• Nicor Gas
• PowerSecure
• Southern Nuclear
• Southern Power Company

The company claims to be among leading rankers in the Best Employer for Diversity and America’s Best Employee for the year 2021.

The energy generation company’s portfolio consists of has 27,000 mile of transmitting lines and 3,700 substations.

The energy solutions company owns energy distribution facilities in Tennesse, Georgia, Virginia, Florida, Maryland, Illinois and New Jersey.

The renewable energy-focused company also focuses on acquiring, owning, managing and constructing energy generation assets, including renewable power projects.

The Southern Wholesale Energy claims to offer competitive price, flexibility in product offerings and expertise in energy solutions. The company claims to follow a competitive pricing strategy, wherein it reportedly has advantage over future power supply costs and can accurately estimates unanticipated charges and stranded costs, if any.

Contact Information

company address 30 Ivan Allen Jr. Boulevard, N.W. Atlanta, Georgia 30308

company phone1-404-506-5000

company email


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