Southern Company subsidiary and Turner Renewable Energy strengthen renewable portfolio by closing on second California solar

 Southern Company subsidiary and Turner Renewable Energy strengthen renewable
            portfolio by closing on second California solar plant

PR Newswire

ATLANTA, April 21, 2014

ATLANTA, April 21, 2014 /PRNewswire/ --Southern Company subsidiary Southern
Power, in partnership with Turner Renewable Energy, has announced the official
acquisition of the partnership's second California solar installation. The
agreement to acquire the Adobe Solar Facility, a 20-megawatt (MW) solar
photovoltaic (PV) installation in Kern County, Calif., was closed upon
successful completion of construction. The facility represents the
partnership's sixth solar project and is expected to begin commercial
operation in May. The partnership's first solar facility in California – the
139-MW Campo Verde Solar Facility – entered service in October 2013.

SOUTHERN COMPANY LOGO.

"Southern Company is committed to pursuing renewables to help build America's
energy future, and solar is an important component of that effort," said
Southern Company Chairman, President and CEO Thomas A. Fanning. "The
acquisition of the Adobe Solar Facility – our second solar installation in
California – builds on our development of the full portfolio of energy
resources for the benefit of customers."

The Adobe Solar Facility was built and will be operated and maintained by
SunEdison, a leading global solar technology manufacturer and provider of
solar technology and solar energy services. Construction of the project began
in the fall of 2013, and an agreement to acquire the facility was announced in
November 2013.

Ted Turner, owner of Turner Renewable Energy, teamed with Southern Company
through a subsidiary in January 2010 to form a strategic alliance to pursue
development of renewable energy projects in the United States. The partnership
has primarily focused on developing and investing in solar PV projects where
solar resources are most favorable.

The Adobe Solar Facility is located on a 160-acre site in Kern County, Calif.
Electricity generated by the plant will serve a 20-year power purchase
agreement with Southern California Edison, a subsidiary of Edison
International. Headquartered in Rosemead, Calif., Edison International,
through its subsidiaries, is a distributor and generator of electric power,
including renewable energy.

The acquisition fits Southern Power's strategy of growing the wholesale
business in targeted markets by acquiring generating assets and building new
units, the output of which is significantly covered by long-term contracts.

Southern Power, a subsidiary of Southern Company, is a leading U.S. wholesale
energy provider, meeting the electricity needs of municipalities, electric
cooperatives and investor-owned utilities. Southern Power and its subsidiaries
own and operate 16 facilities in eight states, with more than 8,700 MW of
generating capacity operating in Alabama, California, Florida, Georgia,
Nevada, New Mexico, North Carolina and Texas.

SunEdison is a global leader in semiconductor and solar technology.
SunEdison's semiconductor business has been a pioneer in the design and
development of silicon wafer technologies for over 50 years. With R&D and
manufacturing facilities in the U.S., Europe and Asia, SunEdison enables the
next generation of high performance semiconductor devices. SunEdison's solar
business develops, finances, installs and operates distributed power plants,
delivering predictably priced solar energy and services for its commercial,
government and utility customers. SunEdison's common stock is listed on the
New York Stock Exchange (NYSE:SUNE).

Turner Renewable Energy is wholly owned by Ted Turner. Turner Enterprises,
Inc., a private company, manages the business interests, land holdings and
investments of Ted Turner, including the oversight of 2 million acres in 12
states and in Argentina, and more than 55,000 bison.

With 4.4 million customers and nearly 46,000 megawatts of generating capacity,
Atlanta-based Southern Company (NYSE: SO) is the premier energy company
serving the Southeast through its subsidiaries. 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 and its subsidiaries are leading the nation's nuclear
renaissance through the construction of the first new nuclear units to be
built in a generation of Americans and are demonstrating their commitment to
energy innovation through the 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 Electric Light & Power magazine's Utility of
the Year for 2012 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 completion of construction of the Adobe Solar Facility.
Southern Company and Southern Power Company caution 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
and Southern Power Company; accordingly, there can be no assurance that such
suggested results will be realized. The following factors, in addition to
those discussed in each of Southern Company's and Southern Power Company's
Annual Report on Form 10-K for the year ended December 31, 2013, and
subsequent securities filings, could cause actual results to differ materially
from management expectations as suggested by such forward-looking information:
ability to control costs and avoid cost overruns during the development and
construction of facilities, to construct facilities in accordance with the
requirements of permits and licenses, and to satisfy any operational and
environmental performance standards, including the requirements of tax credits
and other incentives; and potential business strategies, including
acquisitions or dispositions of assets or businesses, which cannot be assured
to be completed or beneficial to Southern Company or Southern Power Company.
Southern Company and Southern Power Company expressly disclaim any obligation
to update any forward-looking information.

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SOURCE Southern Company

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