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Share Name | Share Symbol | Market | Type |
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Southern Co | NYSE:SO | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 74.52 | 0 | 09:23:34 |
By Matt Grossman
Southern Power, a subsidiary of Southern Co., bought a 118-megawatt wind-energy project in Oklahoma, the company said Tuesday.
Southern bought the Glass Sands facility located in Murray County, Okla., from Steelhead Americas. Steelhead is a North American subsidiary of Denmark's Vestas Wind Systems A/S.
Construction of the facility, which will include 28 wind turbines, is underway, and commercial operations are set to begin in the fourth quarter of 2021. The electricity and associated renewable-energy credits that the facility will generate will be sold under a power-purchase agreement with Amazon.com Inc., Southern said.
Glass Sands will be Southern's 15th wind-energy project, the company said.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
April 20, 2021 10:41 ET (14:41 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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