On the Record · Southern
Southern acquisitions, on the record
The businesses Southern bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Millers Branch solar project (from EDF Renewables Development, Inc.)Word for word“On September 20, 2023, Southern Power acquired 100 % of the membership interests in the 200 -MW Millers Branch solar project located in Haskell County, Texas from EDF Renewables Development, Inc. and is continuing construction.” 10-K for 2023 | acquisition | September 20, 2023 | — |
South Cheyenne solar project (from Hanwha Q Cells USA Corp.)Word for word“On September 22, 2023, Southern Power acquired 100 % of the membership interests in the 150 -MW South Cheyenne solar project located in Laramie County, Wyoming from Hanwha Q Cells USA Corp. and is continuing construction.” 10-K for 2023 | acquisition | September 22, 2023 | — |
Calhoun Generating StationWord for word“The transaction closed in September 2022 and, in October 2022, Alabama Power filed Rate CNP New Plant with the Alabama PSC to recover the related costs.” 10-K for 2023 | acquisition | September 2022 | — |
Central Alabama Generating StationWord for word“In 2020, the Alabama PSC approved a CCN authorizing Alabama Power to complete the acquisition of the Central Alabama Generating Station, which occurred in August 2020.” 10-K for 2023 | acquisition | August 2020 | — |
PowerSecureWord for word“In addition to these items, Southern Company's goodwill and other intangible assets also relate to its 2016 acquisition of PowerSecure.” 10-K for 2023 | acquisition | 2016 | — |
Tenaska Alabama Partners, L.P.Word for word“On October 24, 2024, Alabama Power entered into an agreement to acquire all of the equity interests in Tenaska Alabama Partners, L.P. for a total purchase price of approximately $622 million, subject to working capital adjustments.” 10-K for 2024 | agreed acquisition | October 24, 2024 | approximately $622 million |
FP&L's 50% ownership interest in Plant Daniel Units 1 and 2Word for word“On November 8, 2024, Mississippi Power entered into an agreement with FP&L to acquire FP&L's 50% ownership interest in Plant Daniel Units 1 and 2.” 10-K for 2024 | agreed acquisition | November 8, 2024 | — |
California natural gas storage facility (I-36)Word for word“The sale of the Texas facility was completed in November 2022 and the sale of the California I-36 Table of Contents Index to Financial Statements facility was completed in September 2023.” 10-K for 2024 | divestiture | September 2023 | — |
Lindsay Hill Generating StationWord for word“The transaction closed on September 30, 2025.” 10-K for 2025 | acquisition | September 30, 2025 | — |
FP&L's 50% interest in Plant Daniel Units 1 and 2Word for word“On July 30, 2025, Mississippi Power completed its acquisition of FP&L's 50% ownership interest in Plant Daniel Units 1 and 2.” 10-K for 2025 | acquisition | July 30, 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2016-12-31 | $10.68 billion |
| 2017-12-31 | $1.05 billion |
| 2018-12-31 | $65 million |
| 2019-12-31 | $50 million |
| 2020-12-31 | $81 million |
| 2021-12-31 | $345 million |
Deal filings since 2016
- 2026-02-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-01-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-05-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Southern’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.