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Southern Linc and Georgia State Agencies Celebrate Interoperability Project with Ceremony at the Capitol
Prnewswire· 2025-10-01 14:00
Core Insights - Southern Linc has completed the Georgia Statewide Communications Interoperability Project, enhancing radio communications for public safety and emergency management agencies across Georgia [1][2][3] - The project allows various state agencies to operate cohesively during emergencies, improving response times and operational efficiency [4][6] Group 1: Project Overview - The Georgia Statewide Communications Interoperability Project integrates disparate radio systems of first responders and government agencies, enabling unified communication [1][4] - Southern Linc's CriticalLinc™ LTE network provides state, regional, and nationwide MCPTT communication capabilities [2][3] Group 2: Benefits and Impact - The enhanced communication system has expanded Georgia's radio communications by thousands of miles, allowing seamless monitoring and support during evolving events [3][5] - The project has already proven invaluable in emergency responses, such as Hurricane Helene and interstate criminal pursuits [3][4] Group 3: Partnerships and Technology - The project exemplifies collaboration between Southern Linc and various state agencies, enhancing public safety communications systems [6] - Southern Linc utilized L3Harris radios and LMR-to-LTE radio network gateways to integrate multiple radio systems [4][6]
Enduro Metals and Southern Empire Finalize Earn-In to the Pedro Gold Project, Mexico
Newsfile· 2025-10-01 11:30
Core Points - Enduro Metals Corporation and Southern Empire Resources Corp. have finalized the acquisition of the Pedro Gold Project in Mexico, covering 1,750 hectares [1][2] - Southern Empire will acquire a 100% interest in the Pedro mineral tenements by issuing 2,000,000 common shares to Enduro and committing to a future milestone payment of $2,000,000 upon commercial production [2] - Enduro retains a 2% net smelter return royalty interest with no buy-down provision [2] Project Details - The Pedro Gold Project is located 80 km from Torreon, Mexico, and features a gold exploration target outlined by a geochemical anomaly [4] - Historical sampling returned gold values up to 2.3 ppm, with significant intervals identified during Southern Empire's 2022 drilling [4] - The project is considered a non-core asset for Enduro, which is focusing on its Newmont Lake Project in British Columbia [3] Company Information - Enduro Metals is primarily focused on the Newmont Lake Project, which spans 688 km² and includes multiple deposit environments of interest [9] - The company has a broader portfolio of mineral projects across Canada, including the advanced Burn porphyry copper and gold project [9] - The restructuring of the earn-in agreement allows for renewed activity at the Pedro Gold Project after years of inactivity due to regulatory and market conditions [3]
Southern Company third-quarter earnings to be released October 30
Prnewswire· 2025-09-30 14:00
Accessibility StatementSkip Navigation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+Newsrooms &Influencers 9k+Digital MediaOutlets 270k+JournalistsOpted In GET STARTED Also from this source Southern Company reports second-quarter 2025 earnings Southern Company today reported second-quarter earnings of $0.9 billion, or $0.80 per share, in 2025 compared with earnings of $1.2 billion, or $1.10 ... ATLANTA, Sept. 30, 2025 /PRNewswire/ -- Southern Company plans to release its earnings for the thir ...
Things to Weigh Before Choosing Between OKLO and SO Stock
ZACKS· 2025-09-29 13:21
Core Insights - Nuclear energy is experiencing a global revival, with a goal to triple capacity by 2050, driven by the need for clean baseload power for electrification and artificial intelligence [1] - Oklo Inc. represents a high-risk, high-reward investment focused on small modular reactors, while Southern Company offers stability and proven returns through its established nuclear operations [2] Group 1: Company Profiles - Oklo is an innovative company with a focus on Aurora microreactors aimed at providing compact nuclear power solutions for various sectors, projecting a pipeline of 14 GW that could yield $5 billion in annual revenues by 2028 [3] - Southern Company is a regulated utility with a long history of dividend stability, having delivered 78 years of dividends and 24 consecutive years of increases, appealing to income-focused investors [6] Group 2: Financial Performance - Oklo is currently pre-revenue, with its first unit expected to generate power by 2027 or 2028, facing significant regulatory and construction challenges [4] - Southern Company generates nearly $27 billion annually and reported an EPS of $4.05 in 2024, showcasing its operational scale and stability [10] Group 3: Market Performance - Oklo's stock has surged over 400% year-to-date, driven by investor enthusiasm for small modular reactors, while Southern Company has seen a modest 15% gain [11] - Valuation metrics indicate Oklo trades at a high price-to-book ratio of 22.15X, reflecting speculative growth expectations, whereas Southern Company trades at a more stable 2.79X P/B [12] Group 4: Earnings Outlook - Southern Company's EPS is projected to grow by 5.4% in 2025 and 7.4% in 2026, indicating steady growth [14] - Oklo, while pre-revenue, is expected to show a volatile earnings trajectory with a projected growth of 32.4% in 2025 followed by a decline of 10.6% in 2026 [17] Group 5: Conclusion - Both companies are linked to nuclear power but cater to different investment profiles; Oklo offers high-risk potential with future commercialization, while Southern Company provides dependable income and steady growth from its established nuclear fleet [18]
Anniversary of Hurricane Helene reinforces importance of severe weather preparedness for Georgia Power and customers
Prnewswire· 2025-09-26 15:00
Core Insights - Georgia Power experienced its most destructive storm in history with Hurricane Helene, which caused unprecedented damage across the state, leading to 53 counties being declared major disaster sites by FEMA [1][3] - The company mobilized its largest restoration operation ever, involving over 20,000 personnel and significant resources to restore power to affected customers [3][5] Preparation and Response - Georgia Power monitored weather conditions 24/7 and anticipated severe damage from Hurricane Helene more than a week in advance, taking proactive measures to prepare for the storm [2] - The restoration efforts included repairing or replacing over 11,800 power poles, 1,500 miles of power lines, and 5,800 transformers, with some areas requiring complete rebuilding of the power grid [3] Restoration Achievements - Despite the extensive damage, 95% of impacted customers had their power restored within 8 days, with over 523,000 customers restored within the first 48 hours [4] - The company received the Edison Electric Institute Emergency Recovery Award for its exceptional efforts in restoring service swiftly after Hurricane Helene [5][7] Customer Engagement and Resources - Georgia Power offers various tools and resources for customers to stay informed during severe weather, including an Outage Alert service, an interactive Outage Map, and a mobile app [6] - The company emphasizes the importance of customer preparedness and awareness during the ongoing 2025 Atlantic hurricane season [4] Company Overview - Georgia Power is the largest electric subsidiary of Southern Company, serving 2.8 million customers and maintaining a diverse energy generation mix [8] - The company is recognized for its commitment to delivering reliable and affordable energy, with rates below the national average and high customer satisfaction ratings [8]
Southern Company (NYSE:SO) Overview and Financial Performance
Financial Modeling Prep· 2025-09-25 22:03
Core Insights - Southern Company is a major energy provider in the U.S., operating through various subsidiaries, including Southern Telecom, and competes with Duke Energy and NextEra Energy in the utility sector [1] Financial Summary - On September 25, 2025, Morgan Stanley's David Arcaro set a price target of $92 for Southern Company, indicating a slight overvaluation as the stock was trading at $93.80, reflecting a -1.91% difference [2] - The current stock price is $93.77, showing a decrease of approximately 0.68% from the previous day [2] - The stock has declined by $0.65 today, with a trading range between $93.63 and $95.06 [4] - Over the past year, the stock has fluctuated between a high of $96.44 and a low of $80.46 [4] - The company's market capitalization is approximately $103.15 billion, with a trading volume of 2,891,135 shares today [4][5] Strategic Developments - Southern Telecom, a subsidiary of Southern Company, has partnered with Seimitsu to launch SouthernWaves, a new fiber-optic network service aimed at enhancing digital infrastructure in the Southeastern U.S. [3][5] - This partnership combines Southern Company's dark fiber offerings with Seimitsu's lit services, supporting initiatives like the South Downtown Atlanta project [3]
Centrus Details Plans to Add At Least 300 New Jobs in Southern Ohio With Multi-Billion-Dollar Investment
Prnewswire· 2025-09-25 08:00
Core Viewpoint - Centrus Energy is planning a significant expansion of its uranium enrichment plant in Piketon, Ohio, in collaboration with state and federal officials [1] Group 1: Company Expansion - The expansion of Centrus Energy's uranium enrichment plant is being announced in partnership with Ohio Governor Mike DeWine, U.S. Senator Jon Husted, and U.S. Congressman Dave Taylor [1] - The initiative is supported by JobsOhio, Ohio Southeast Economic Development (OhioSE), and Pike County Economic Development [1]
Southern's Unit Teams With Seimitsu to Build Fiber Network
ZACKS· 2025-09-24 13:36
Key Takeaways SO's unit Southern Telecom and Seimitsu formed SouthernWaves to deliver fiber services.The alliance expands SO's dark fiber offerings by adding lit services managed through Seimitsu's expertise.SouthernWaves supports the South Downtown Atlanta project with high-capacity, smart-city connectivity.Southern Company’s (SO) subsidiary, Southern Telecom, has officially partnered with Seimitsu, a key player in the broadband networking industry based in Savannah, to form SouthernWaves, a bold strategic ...
Georgia Power announces 2025 Energy Storage System Request for Proposals
Prnewswire· 2025-09-23 20:00
ATLANTA , Sept. 23, 2025 /PRNewswire/ -- Georgia Power has announced the open comment period for its 2025 Request for Proposals (RFP) for Energy Storage System (ESS) resources. ...
Southern Telecom and Seimitsu form SouthernWaves, secure deal with South Downtown Atlanta project
Prnewswire· 2025-09-23 14:00
ATLANTA , Sept. 23, 2025 /PRNewswire/ -- Southern Telecom, a subsidiary of Southern Company, and Seimitsu, a Savannah-based leader in broadband networking solutions, have announced SouthernWaves, a strategic alliance poised to deliver fiber-optic network services across the Southeast. ...