Educational series aims to engage and educate Georgians on the state's rich history; launching this monthATLANTA, Aug. 28, 2025 /PRNewswire/ -- Georgia Power has partnered with Georgia Historical Society (GHS) and Georgia Public Broadcasting (GPB) to refresh and relaunch the Emmy award-winning series "Today in Georgia History." Originally introduced in 2011, the 365 episodes are set to return to GPB in August 2025 highlight a person or historical event associated with each day of the year. This relaunch ali ...

Over the past two decades, PowerSecure has deployed more than 2,500 microgrid systems with a 97.9% reliability rating, delivering resilient energy solutions that provide customers with options for returns on investment and meaningful carbon reduction. The company is also a proven provider of multi-measure energy efficiency projects with over $1 billion in engineered, installed and commissioned projects reducing energy and carbon footprint for our customers. DURHAM, N.C., Aug. 27, 2025 /PRNewswire/ -- PowerS ...

Core Viewpoint - The rapid expansion of artificial intelligence is driving an unprecedented demand for electricity in the U.S., presenting a significant investment opportunity for Southern Company, a major energy provider [1][2]. Company Strategy and Growth - Southern Company has transitioned from managing construction risks to executing a robust growth strategy, positioning itself as a key infrastructure provider for the digital age [2]. - The company has identified a "large load pipeline" of over 50 gigawatts of potential new demand, with one gigawatt capable of powering approximately 750,000 homes, indicating a monumental opportunity [4]. - In Q2 2025, electricity consumption from data center customers increased by 13% year-over-year, validating the company's expansion plans and indicating accelerating demand [5]. Regulatory and Financial Developments - Georgia Power's approval of the 2025 Integrated Resource Plan (IRP) allows Southern Company to secure approximately 10 gigawatts of new generation capacity, primarily through natural gas and battery storage [6]. - The completion of the Plant Vogtle nuclear project has stabilized the company's balance sheet, allowing for a shift towards new growth opportunities [7]. - The approved capital expenditures have increased the company's five-year base capital plan to $76 billion, which will enhance its rate base and lead to higher, more predictable earnings [8][9]. Shareholder Implications - The $76 billion capital plan is expected to drive future earnings-per-share (EPS) growth of 5% to 7%, providing a clear path to profitability [9][10]. - Southern Company maintains a dividend yield of 3.19% and a strong track record of 25 years of annual dividend increases, appealing to income-focused investors [11][12]. - The company's debt-to-equity ratio of 1.69 indicates a healthy balance between debt and equity, supporting its expansion while maintaining financial stability [11]. Market Position - With a forward P/E ratio of approximately 21.8, Southern Company trades at a premium compared to slower-growing peers, reflecting the market's pricing of its accelerated growth outlook [10]. - The stock exhibits lower volatility than the broader market, with a Beta of 0.38, adding a defensive quality to its growth profile [13]. - The investment narrative has shifted from risk management to capitalizing on growth opportunities, positioning Southern Company as a core holding for exposure to America's digital infrastructure build-out [14].

Key Takeaways Georgia Power is modernizing hydro plants to extend life by 40 years and meet future demand.Recent upgrades include new turbines and control systems at Plants Tugalo and Terrora.Modernization supports reliability, compliance and Georgia's carbon-free energy future.For more than 100 years, The Southern Company’s (SO) largest electric subsidiary,Georgia Power, has been a cornerstone of clean, emission-free energy in the state through its hydroelectric facilities. With 15 owned hydro plants and a ...

Core Insights - National Hydropower Day on August 24 emphasizes the significance of hydropower in enhancing the clean energy infrastructure and ensuring grid reliability in the U.S. [1] - Georgia Power operates 15 hydroelectric facilities with a total capacity exceeding 1,100 MW, contributing to emission-free energy generation [1][7] - The company is actively modernizing its hydro fleet, with recent approvals from the Georgia Public Service Commission for upgrades at several hydro facilities [2][3] Investment and Modernization - Georgia Power's investments focus on modernizing aging equipment to maintain compliance with Federal Energy Regulatory Commission licenses and extend the operational life of hydro facilities by at least 40 years [3][4] - Recent modernization efforts include significant upgrades at Plants Tugalo and Bartlett's Ferry, involving generator and turbine replacements, as well as improvements to balance of plant systems [4][5] Operational Updates - The completion of modernization work at Plant Tugalo includes the replacement of generators and turbines, with similar upgrades previously completed at Plant Terrora [4] - Progress has also been reported at Plants Bartlett's Ferry, Nacoochee, Oliver, Burton, and Sinclair, with Bartlett's Ferry Unit 1 returning to service in July 2025 after extensive upgrades [5]

Georgians invited to register online today for annual event hosted by Friends to help care for state parks on National Public Lands Day "Your State Parks Day is not just about giving back – it's about stewardship and taking care of what is important to all of us," said Damon Kirkpatrick, president and CEO of Friends of Georgia State Parks & Historic Sites. "It is a day that reflects our mission to serve, support, and celebrate what makes Georgia unique. We are proud to have Georgia Power alongside us in tha ...

Core Viewpoint - Almadex Minerals Ltd. is highlighting its exploration projects, Nicoamen and Merit, located in the Spences Bridge Gold Belt, which is gaining attention due to recent high-grade gold discoveries in the region [1][2]. Group 1: Spences Bridge Gold Belt Overview - The Spences Bridge Gold Belt is a 110 km northwest-trending area in southern British Columbia, known for its potential for low-sulphidation epithermal gold-silver mineralization [2]. - Approximately CA$55 million has been invested in exploration at the Shovelnose Property, which has led to a robust Preliminary Economic Assessment (PEA) indicating a low-cost, high-margin underground gold mining operation with an estimated mine life of 11.1 years [2]. Group 2: Nicoamen Project Highlights - The Nicoamen Project consists of 9 claims covering 3,332 hectares, located approximately 17 km southeast of Lytton [5]. - Previous exploration included stream sediment, rock, and soil sampling, trenching, and geophysical surveys, with the most recent work conducted by Independence Gold Corp. before early 2022 [6]. - Exploration results indicated gold values of up to 4.46 g/t, with a newly identified vein zone showing consistent grades between 1.05 g/t and 3.91 g/t over a width of 100 meters [6][7]. Group 3: Merit Project Highlights - The Merit Project comprises four mineral claims covering roughly 1,900 hectares, located approximately 22 km west of Merritt [8]. - Previous exploration led to the discovery of multiple zones of alteration and mineralization, with significant results including 7.24 g/t gold over 1.8 meters from a trenching program [8]. - Independence Gold Corp. also conducted work on the Merit Property, with sampling returning assays of up to 9.5 g/t gold and 341 g/t silver [9]. Group 4: Future Development Plans - The company intends to seek a qualified partner to further develop the Nicoamen and Merit projects while focusing on advancing its U.S.-based exploration projects [10]. - Almadex holds three royalties within the Spences Bridge Gold Belt, including a 2% NSR on Westhaven Gold's Prospect Valley and Skoonka projects [10].

These Mitsubishi Power M501JAC combustion turbines are the first natural gas turbines added to Georgia Power's generation fleet in 10 years. Once fully operational, the three units will collectively generate 1,300 megawatts (MW) of power, dramatically strengthening energy capacity and reliability for customers across Georgia. Historic Significance and Modernization of Plant Yates Plant Yates holds a prominent place in Southern's history, having commenced commercial operations in 1950. Originally established ...

Core Viewpoint - Georgia Power, in collaboration with Mitsubishi Power, has delivered the first of three new advanced natural gas turbines to Plant Yates, marking the company's first new natural gas project in over a decade, aimed at meeting the growing energy demand in Georgia [1][4][5]. Group 1: Project Details - The new Mitsubishi Power M501JAC combustion turbines will provide a total generation capacity of 1,300 megawatts (MW) when all units are operational [1]. - The first turbine, weighing nearly 350 tons and measuring 50 feet long and 18 feet wide, was assembled in Savannah and transported to the site via rail and truck [1]. - The new units are expected to be operational by the end of 2027, as approved by the Georgia Public Service Commission (PSC) in the 2023 Integrated Resource Plan (IRP) Update [4]. Group 2: Economic Impact - The expansion at Plant Yates is projected to create approximately 600 jobs during the construction phase and add 15 permanent jobs once completed, increasing the plant's workforce to 75 full-time positions [3]. - Plant Yates has been a significant energy source for Georgia since its commercial operation began in 1950, supporting local economic growth [3]. Group 3: Technological Advancements - The M501JAC turbines offer higher output and efficiency compared to previous designs, with a startup time of approximately 30 minutes and the capability to run on oil if natural gas is unavailable [5]. - The technology also allows for future modifications to use a hydrogen mix as fuel, aligning with industry trends towards reduced carbon emissions [5][6]. Group 4: Energy Strategy - Natural gas currently accounts for 40% of Georgia Power's annual energy generation, and the company is committed to meeting the energy needs of a rapidly growing Georgia through its IRP process [7]. - Georgia Power is also investing in upgrades at other plants, including combined cycle and simple cycle enhancements at Plant McIntosh, which will add an additional 268 MW of capacity [8].

Airline celebrates new Savannah (SAV) service with Free Spirit® bonus points promotion on flights between SAV and Newark, Fort Lauderdale, Nashville and Detroit DANIA BEACH, Fla., Aug. 14, 2025 /PRNewswire/ -- Spirit Airlines (NYSE American: FLYY) landed at Savannah/Hilton Head International Airport (SAV) for the first time today, bringing high-value travel to the Hostess City of the South. The airline launched its new SAV service with daily, nonstop flights to Newark Liberty International Airport (EWR), co ...