Tag Archives: Mississippi Power

Southern Co. pumps in $1 billion for money-losing Mississippi subsidiary

Southern Co. makes a capital infusion to its Mississippi Power subsidiary to help it deal with cost overruns from a coal gasification project . . .

Tags: Kemper facility , Mississippi Power , Southern Co.

Miss. PSC slams Southern Co. subsidiary over ‘clean coal’ plant

Atlanta-based Southern Co. could take a huge financial hit on a Mississippi power plant that has run up more then $4 billion in cost overruns; could be an ominous sign for the Plant Vogtle nuclear project . . .

Tags: Kemper County coal plant , Mississippi Power , PSC , Vogtle nuclear project

Political Notes – Palmetto Pipeline not approved, but not dead either

A court hearing last week resulted in no decision yet on a state permit for the proposed Palmetto Pipeline in the eastern part of the state . . .

Tags: Billy Morris , Kinder Morgan , Mississippi Power , Palmetto Pipeline , Southern Co.

Financially troubled Southern Co. unit gets new president

Southern Co. subsidiary Mississippi Power, plagued by massive cost overruns on a coal-fired power plant, appoints a new president who has a Georgia Power background . . .

Tags: Anthony Wilson , Mississippi Power , Southern Co.

Fitch has credit concerns about Southern Co., Ga. Power

One of the major credit rating firms issues cautionary notes about the credit-worthiness of energy giant Southern Co. and two of its subsidiaries, Georgia Power and Mississippi Power . . .

Tags: Fitch Ratings , Georgia Power , Kemper County , Mississippi Power , Plant Vogtle , Southern Co.

Southern Co. affiliate loses partner in Mississippi coal plant

Southern Co. partner in the ownership of a Mississippi power plant is withdrawing from the controversial project . . .

Tags: coal gasification , Mississippi Power , ownership stake , Plant Ratcliffe , SMEPA

Coal plant woes hit Southern Co., which reports earnings dropoff

Southern Co. reports a decrease in earnings for the third quarter, largely because of cost overruns on a controversial coal-powered generation facility in Mississippi . . .

Tags: cost overruns , earnings decline , Georgia Power , Mississippi Power , Plant Ratcliffe , Plant Vogtle , Southern Co.

PSC completes first week of Ga. Power rate hearings

The opening week of hearings on Georgia Power’s rate increase challenges some assumptions about the utility giant’s operations . . .

Tags: Bobby Baker , Doug Everett , environmental controls , Georgia Power , Mississippi Power , Obamacare , rate increase , Ron Hinson , Southern Co. , Stan Wise

Chapman will try again on nuclear cost bill

At a capitol rally held by the Green Tea Coalition, Rep. Jeff Chapman says he will make another attempt to pass his bill that keep Georgia Power from making a profit on nuclear cost overruns . . .

Tags: Debbie Dooley , Georgia Power , Green Tea Coalition , Jeff Chapman , Mississippi Power , nuclear cost overruns , Plant Vogtle , Southern Co. , Tea Party

Southern Co. losses on Mississippi plant exceed $600 million, could affect Vogtle nukes

Southern Co. losses on a coal-fired power plant in Mississippi continue to mount, could have an impact on cost overruns in the nuclear reactors being built for Georgia Power . . .

Tags: cost overruns , Georgia Power , Mississippi Power , Plant Ratcliffe , Plant Vogtle , Southern Co.