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SO Southern Co

70.59
0.79 (1.13%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Southern Co NYSE:SO NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.79 1.13% 70.59 70.69 69.43 69.96 4,602,018 01:00:00

Georgia Power Foundation invests $1 million to support state in COVID-19 recovery

19/03/2020 7:21pm

PR Newswire (US)


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ATLANTA, March 19, 2020 /PRNewswire/ -- The Georgia Power Foundation, Inc. is investing $1 million in 2020 to support the state of Georgia in addressing the unprecedented impacts of the COVID-19 pandemic. As Georgia Power continues to provide safe, reliable energy for its customers and works to ensure the safety and health of its employees, the company has recognized the strain the global health crisis has put on many families and individuals across the communities it serves.

Georgia Power logo. (PRNewsFoto/Georgia Power)

"Our customers, communities and state are facing unique human and economic challenges from the COVID-19 pandemic. Georgia Power is committed to standing with our neighbors, just as we have for more than 135 years, as we see this challenge through together," said Paul Bowers, chairman, president and CEO of Georgia Power. "This investment by our foundation is in addition to the $1.5 million that Georgia Power has already committed by way of partnerships such as Project Share to help meet the basic needs of those impacted."

This investment will be focused on making an impact on:

  • Food Insecurity: will be used to help address food insecurity across the state, including assessing needs and deploying funding to aid in relief efforts.
  • Homelessness: will be focused on helping assess needs and develop a funding mechanism to support homeless shelters and clinics in coordination with the governor's statewide task force subcommittee on homelessness.
  • Displaced Workers Assistance: will be provided to assist community foundations and our established non-profit partners in establishing a statewide collective effort to help provide emergency assistance to displaced workers.

In light of the pandemic and related shutdowns that have affected families across Georgia, the company announced recently that it would suspend residential disconnections beginning Saturday, March 14, 2020, for 30 days. Georgia Power will reevaluate the decision and time frame as the situation develops. The company also partners with nonprofits, as well as community and faith-based organizations to offer assistance programs to those in need throughout the year. To learn more about Georgia Power's commitment to the community, including the company's annual citizenship report, visit GeorgiaPower.com/Community.

The Georgia Power Foundation
The Georgia Power Foundation, a non-profit 501(c)(3) organization, is the fourth-largest corporate giving foundation in Georgia. The Foundation provides grants to organizations that are enriching communities across the state and is part of Georgia Power's corporate and community relations strategy focusing on Improving Education, Environmental Stewardship, Arts & Culture, and Health & Human Services.

About Georgia Power
Georgia Power is the largest electric subsidiary of Southern Company (NYSE: SO), America's premier energy company. Value, Reliability, Customer Service and Stewardship are the cornerstones of the company's promise to 2.6 million customers in all but four of Georgia's 159 counties. Committed to delivering clean, safe, reliable and affordable energy at rates below the national average, Georgia Power maintains a diverse, innovative generation mix that includes nuclear, coal and natural gas, as well as renewables such as solar, hydroelectric and wind. Georgia Power focuses on delivering world-class service to its customers every day and the company is consistently recognized by J.D. Power and Associates as an industry leader in customer satisfaction. For more information, visit www.GeorgiaPower.com and connect with the company on Facebook (Facebook.com/GeorgiaPower), Twitter (Twitter.com/GeorgiaPower) and Instagram (Instagram.com/ga_power).

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/georgia-power-foundation-invests-1-million-to-support-state-in-covid-19-recovery-301027103.html

SOURCE Georgia Power

Copyright 2020 PR Newswire

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