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US Closes $26.5 Billion in Financing for Southern Co. Utilities

Bloomberg2026-02-26 01:10

🤖 AI Summary

The Trump administration approved a $26.5 billion loan package for two subsidiaries of Southern Company to finance new gas and hydroelectric power projects in Georgia and Alabama.

📊 Comment: Increased investment in energy infrastructure is positive for related companies.

The Trump administration approved a $26.5 billion loan package for two subsidiaries of Southern Company to finance new gas and hydroelectric power projects in Georgia and Alabama.

📊 Comment: Increased investment in energy infrastructure is positive for related companies.

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The Southern Company$95.07
SO 0.77%

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