Who Owns Southern Power?
Southern Power is owned by Southern Company, a publicly traded American energy company. Southern Power operates as Southern Company's wholesale power generation subsidiary, providing electricity to municipalities, electric cooperatives, investor-owned utilities, and commercial customers across the United States. The company is headquartered in Birmingham, Alabama.
Parent Company
Southern Company
Acquired
2001
Status
Private
Headquarters
Birmingham, Alabama, USA
Who Owns Southern Power?
- Parent Company: Southern Company
- Ownership Type: Subsidiary
- Acquisition Year: 2001
- Company Type: Publicly Traded
- Stock Ticker: NYSE: SO
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Southern Power | Southern Company | Subsidiary |
History of Southern Power
- Founded: 2001
- Founders: Southern Company (internal development)
- Acquired by Southern Company: 2001
Southern Power was established in 2001 as Southern Company's wholesale power generation subsidiary. The company was created to develop, own, and operate power generation facilities that serve wholesale electricity customers across the United States.
Since its establishment, Southern Power has grown to become a leading wholesale power provider, building a diverse portfolio of generation assets across multiple states. The company has invested in natural gas generation, renewable energy infrastructure including wind and solar facilities, and other generation technologies.
Under Southern Company's ownership, Southern Power has expanded significantly, acquiring and developing generation facilities across the United States. The company has focused on long-term power purchase agreements with municipalities, cooperatives, and other utilities. Southern Power has also invested substantially in renewable energy infrastructure, positioning itself as a leader in clean energy generation.
About Southern Company
Southern Company is an American energy company that operates through multiple business segments including regulated electric utilities, wholesale power generation, natural gas distribution, and telecommunications services. The company is one of the largest energy providers in the United States, serving over 9 million customers across multiple states.
The company's three primary retail electric operating companies—Georgia Power, Alabama Power, and Mississippi Power—serve customers across the Southeast. Southern Power operates as a wholesale power generator serving municipalities, cooperatives, and other utilities across the United States. Southern Company Gas operates natural gas distribution companies across multiple states.
Southern Company employs approximately 31,300 people and maintains a strong focus on reliable, affordable, and clean energy delivery. The company is committed to the energy transition and has made significant investments in renewable energy and nuclear power generation.
- Founded: 1945
- Headquarters: Atlanta, Georgia, USA
- Company Type: Publicly Traded
- Stock: NYSE: SO
Where Is Southern Power Made / Based?
- Headquarters: Birmingham, Alabama, USA
- Manufacturing / Operations: United States
Brands Owned by Southern Company
- Alabama Power - Alabama-based electric utility company serving millions of customers across the ...
- Atlanta Gas Light - Georgia-based natural gas utility company serving millions of customers across t...
- Georgia Power - Georgia-based electric utility company serving millions of customers across the ...
- Mississippi Power - Mississippi-based electric utility company serving customers along the Gulf Coas...
- Nicor Gas - Illinois-based natural gas utility company serving customers across northern Ill...
- Virginia Natural Gas - Virginia-based natural gas utility company serving customers in southeastern Vir...
Southern Power Ownership: Pros & Cons
Advantages
- +Access to Southern Company's financial resources and operational expertise
- +Diverse portfolio of generation assets across multiple states
- +Integration with one of the largest energy providers in the United States
- +Strong focus on long-term customer relationships and reliability
- +Significant investments in renewable energy infrastructure
- +Operational stability backed by Southern Company's financial strength and experience
Considerations
- -Dependency on parent company strategic decisions and capital allocation
- -Exposure to wholesale electricity market dynamics and pricing fluctuations
- -Regulatory oversight from FERC and state regulators
- -Environmental compliance requirements across multiple jurisdictions
- -Exposure to weather-related impacts on renewable generation
- -Dependency on long-term power purchase agreements with customers
- -Competition in wholesale power markets
Frequently Asked Questions About Southern Power
Competitors to Southern Power
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Exelon | USA | 1907 | Mass Market | North America | All Genders | |
| Dte Energy | USA | 1903 | Mass Market | North America | All Genders | |
| Exelon | USA | 1924 | Mass Market | North America | All Genders | |
| Exelon | USA | 1816 | Mass Market | North America | All Genders | |
| Exelon | USA | 1909 | Mass Market | North America | All Genders | |
| Engie | Belgium | 1905 | Mass Market | Global | All Genders |
Learn More About Competitors
ComEd
Owned by Exelon Corporation
Illinois-based electric utility company serving millions of customers in northern Illinois, owned by Exelon Corporation.
DTE Electric
Owned by DTE Energy Company
Michigan-based electric utility company serving millions of customers in Southeast Michigan and the thumb region, owned by DTE Energy Company.
Atlantic City Electric
Owned by Exelon Corporation
New Jersey-based electric utility company serving hundreds of thousands of customers, owned by Exelon Corporation.
Baltimore Gas and Electric
Owned by Exelon Corporation
Maryland-based electric and natural gas utility company serving millions of customers in central Maryland, owned by Exelon Corporation.
Delmarva Power
Owned by Exelon Corporation
Delaware and Maryland-based electric and natural gas utility company serving hundreds of thousands of customers, owned by Exelon Corporation.
Electrabel
Owned by ENGIE
Belgium-based electricity generation and supply company serving millions of customers, owned by ENGIE.
Competitive Analysis
Market Positioning: Southern Power competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Southern Company Stock Information
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