Southern Company subsidiary drives economic growth with new North Carolina gas facility

Southern Company subsidiary drives economic growth with new North Carolina gas
                                   facility

PR Newswire

ATLANTA, Dec. 4, 2012

ATLANTA, Dec. 4, 2012 /PRNewswire/ --Southern Power, the subsidiary of
Southern Company that acquires, builds, manages and owns generation assets
that have been constructed for the wholesale market, today began commercial
operation of Plant Cleveland, a 720-megawatt (MW) natural gas facility located
in Cleveland County, N.C.

The plant expands the company's natural gas portfolio and is the third
generating facility that Southern Power owns and operates in North Carolina.
In addition to Plant Cleveland, Southern Power acquired Plant Rowan, a 925-MW
gas facility, in 2006 and in October announced with Turner Renewable Energy,
Inc., the acquisition of the 2.5-MW Granville Solar Facility.

"We are excited about growing Southern Power's presence in North Carolina to
provide clean, safe, reliable and affordable electricity to customers while
positively impacting the local economy," said Southern Power President and CEO
Oscar C. Harper. "We are committed to being a strong business partner in the
communities where we're located and I'm pleased that we have strong
relationships with our neighbors in North Carolina."

Plant Cleveland represents an investment of about $330 million in the
community and is expected to contribute $30 million in new state and local tax
revenue over the next 20 years. Some 300 jobs were created at the height of
construction and eight permanent positions have been created to operate the
plant.

The generating plant consists of four Siemens F Class gas turbine units that
occupy a portion of a 275-acre site near Kings Mountain, N.C. Plant Cleveland
will, in part, provide electric power through long-term contracts with North
Carolina Electric Membership Corporation (NCEMC) and North Carolina Municipal
Power Agency Number 1 (NCMPA1).

NCEMC is a generation and transmission cooperative that supplies all or part
of the energy needs for the majority of the state's electric cooperatives.
Electric cooperatives provide energy to 2.5 million people in 93 of North
Carolina's 100 counties, primarily in rural parts of the state.

NCMPA1 is a joint action agency composed of 19 municipalities in western North
Carolina, with a total load of approximately 1,100 MWs. NCMPA1 has a 75
percent ownership interest in the Catawba Nuclear Station Unit 2 and is active
in the wholesale power market. NCMPA1 is headquartered in Raleigh, N.C.

Southern Power is among the largest wholesale energy providers in the
Southeast, meeting the electricity needs of municipalities, electric
cooperatives and investor-owned utilities. The company owns and operates more
than 8,600 MWs with facilities in Alabama, Florida, Georgia, Nevada, North
Carolina, Texas and New Mexico and has an additional 30 MWs under construction
in Nevada.

With 4.4 million customers and more than 43,000 megawatts of generating
capacity, Atlanta-based Southern Company (NYSE: SO) is the premier energy
company serving the Southeast. A leading U.S. producer of clean, safe,
reliable and affordable electricity, Southern Company owns electric utilities
in four states and a growing competitive generation company, as well as fiber
optics and wireless communications. Southern Company brands are known for
energy innovation, excellent customer service, high reliability and retail
electric prices that are below the national average. Southern Company is
leading the nation's nuclear renaissance through the construction of the first
new nuclear units to be built in a generation of Americans and is
demonstrating its commitment to energy innovation through development of a
state-of-the-art coal gasification plant. Southern Company has been recognized
by the U.S. Department of Defense and G.I. Jobs magazine as a top military
employer and listed by DiversityInc as a top company for Blacks. The company
received the 2012 Edison Award from the Edison Electric Institute for its
leadership in new nuclear development, was named Platts' 2011 Power Company of
the Year and is continually ranked among the top utilities in Fortune's annual
World's Most Admired Electric and Gas Utility rankings. Visit our website at
www.southerncompany.com.

Cautionary Note Regarding Forward-Looking Statements:

Certain information contained in this release is forward-looking information
based on current expectations and plans that involve risks and uncertainties.
Forward-looking information includes, among other things, statements
concerning the investment of the project in the community. Southern Company
cautions that there are certain factors that can cause actual results to
differ materially from the forward-looking information that has been provided.
The reader is cautioned not to put undue reliance on this forward-looking
information, which is not a guarantee of future performance and is subject to
a number of uncertainties and other factors, many of which are outside the
control of Southern Company; accordingly, there can be no assurance that such
suggested results will be realized. The following factors, in addition to
those discussed in Southern Company's Annual Report on Form 10-K for the year
ended December 31, 2011, and subsequent securities filings, could cause actual
results to differ materially from management expectations as suggested by such
forward-looking information: the impact of recent and future federal and state
regulatory changes; the ability to control costs and avoid cost overruns
during the development and construction of facilities; and the ability of
counterparties of Southern Company to make payments as and when due and to
perform as required. Southern Company expressly disclaims any obligation to
update any forward-looking information.

SOURCE Southern Company

Website: http://www.southerncompany.com
Contact: Southern Company Media Relations, +1-404-506-5333 or +1-866-506-5333
 
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