SUGAR LAND, Texas, May 7, 2018 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--The Southern Company (Atlanta, Georgia) plans to make capital investments totaling about $35 billion over the next five years, company officials told investors May 2 during its quarterly earnings call. Nearly all of that sum will be spent in Southern's state-regulated electric or gas utilities. Beyond the five-year, $35 billion capital spending estimate, Southern Power, the holding company's merchant power generation business, could invest up to an additional $2.5 billion over the next five years in growth-related projects, company officials added.
For details, view the entire article by subscribing to Industrial Info's Premium Industry News, or browse other breaking industrial news stories at www.industrialinfo.com.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principleā¢, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.
Brian Ford
(713) 980-9393
View original content with multimedia:http://www.prnewswire.com/news-releases/southern-company-plans-five-year-35-billion-capital-program-an-industrial-info-news-alert-300643130.html
SOURCE Industrial Info Resources, Inc.