Moody's Ratings announces completion of a periodic review of ratings of Southern Company Funding Corporation and Southern Elect Generating Co
Moody's Ratings (Moody's) has completed a periodic review of the ratings of Southern Company Funding Corporation and Southern Elect Generating Co and other ratings that are associated with these issuers. The review was conducted through a rating committee held on 15 May 2024 in which Moody's reasse...Southern is a holding company. Through its subsidiaries, Alabama Power Company, Georgia Power Company, and Mississippi Power Company, the company is engaged in the generation, transmission, distribution, and purchase of electricity and the sale of electric service in Alabama, Georgia, and Mississippi. The company's Southern Power Company subsidiary develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects, and sells electricity at market-based rates in the wholesale market. The company's Southern Company Gas subsidiary is an energy services holding company whose primary business is the distribution of natural gas in Illinois, Georgia, Virginia, and Tennessee.
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