Southern, Turner Renewable Buy Fifth U.S. Solar Project

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Southern Co., the second-largest U.S. power company by market value, acquired its fifth U.S. solar project in partnership with billionaire Ted Turner’s renewable-energy company.

Southern and Turner Renewable Energy LLC bought First Solar Inc.’s 139-megawatt Campo Verde project in California, the Atlanta-based company said today in a statementBloomberg Terminal. Terms weren’t released.