September 25, 2016 2:32 PM ET

Electric Utilities

Company Overview of South Mississippi Electric Power Association, Inc.

Company Overview

South Mississippi Electric Power Association, Inc. generates, transmits, and delivers electricity via transmission lines and distribution lines to homes and businesses in Mississippi. Its generating mix includes natural gas, coal, nuclear, water, and solar energy. South Mississippi Electric Power Association, Inc. was founded in 1941 and is based in Hattiesburg, Mississippi.

7037 US Highway 49

Hattiesburg, MS 39402

United States

Founded in 1941





Key Executives for South Mississippi Electric Power Association, Inc.

Chief Executive Officer and General Manager
Chief Financial Officer
Chief Operating Officer
Chief Executive Officer of Mississippi Power and President of Mississippi Power
Age: 66
Chief Engineering Officer and Assistant General Manager
Compensation as of Fiscal Year 2016.

South Mississippi Electric Power Association, Inc. Key Developments

South Mississippi Electric Power Association, Inc. Plans to Expand its Renewable Energy Portfolio

South Mississippi Electric Power Association, Inc. plans to expand its renewable energy portfolio by purchasing all of the power produced at Origis Energy USA's proposed 52-MW solar energy facility in Lamar County, Miss. SMEPA and Origis have completed a letter of intent, the Hattiesburg-based co-op said Sept. 3, which allows the two organizations to move forward negotiating the terms of a power purchase agreement. Origis will design, develop, install and operate the facility and SMEPA will purchase all power produced at the location. The project is scheduled to begin operating by December 2016.

South Mississippi Pulls Out Of Southern Co. Project

South Mississippi Electric Power Association, Inc. dropped its plan to buy a $600 million, 15% stake in the Mississippi coal-fired power plant project spearheaded by Atlanta-based Southern Company (NYSE:SO), citing construction delays. Southern, in turn, notified state regulators that it may have to raise electricity rates for Mississippi power customers by 41%, or $37 a month for the typical household, to pay for the project.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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