Ted Turner Taking Coal Funds to Create Solar Odd Couple: Energy
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They’re unlikely business partners: a billionaire environmentalist and one of the largest coal-burners in the U.S.
Yet Atlanta businessman Ted Turner, a climate-change crusader, and Southern Co., the second-largest utility in the U.S. by market value, have found a common interest developing giant solar farms, mostly in southwestern U.S. deserts. As investment costs collapse, they have jointly purchased five projects to make Southern one of the largest U.S. utility owners of solar energy.