About Southern Company
Southern Company is a company based in United States founded in 1912. It operates as a Managed Services, and Green Energy-as-a-Service. The company has 28,600 employees as of December 31, 2024. Southern Company has completed 4 acquisitions, including Aglr, Nui and PowerSecure. Southern Company offers products and services including Nuclear Energy, Electric Power, and Natural Gas. Southern Company operates in a competitive market with competitors including Dominion Energy, Enel X, NextEra Energy, Lightsource BP and EDF Renewable Energy, among others.
- Headquarter United States
- Employees 28600 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Southern Company (The)
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Annual Revenue
$26.72 B5.83as on Dec 31, 2024
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Net Profit
$4.4 B10.69as on Dec 31, 2024
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EBITDA
$12.26 B14.26as on Dec 31, 2024
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Latest Funding Round
$800 M (USD), Debt – Conventional
Sep 01, 2016
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Investors
DOE
& 1 more
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Employee Count
28600
as on Dec 31, 2024
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Investments & Acquisitions
Aglr
& 3 more
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IPO & Listings of Southern Company
Southern Company is a publicly listed company on the NYSE with ticker symbol SO in USA, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Southern Company
Southern Company offers a comprehensive portfolio of products and services, including Nuclear Energy, Electric Power, and Natural Gas. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Carbon-free nuclear energy is provided for sustainable power.
Reliable electric power is distributed to various communities.
Natural gas services are offered for residential use.
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Software Development Team
44 people
Leadership Team
23 people
Finance and Accounting
21 people
Human Resources and Administration
17 people
Legal and Compliance
16 people
Sales and Marketing
12 people
Operations Team
5 people
Creative and Marketing Team
4 people
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Funding Insights of Southern Company
- Total Funding Total Funding
- Total Rounds 17
- Last Round Debt – Conventional — $800.0M
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First Round
First Round
(18 Dec 2003)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2016 | Amount | Debt – Conventional - Southern Company | Valuation |
investors |
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| May, 2016 | Amount | Debt – Conventional - Southern Company | Valuation |
investors |
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| Mar, 2016 | Amount | Debt – Conventional - Southern Company | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Southern Company
Southern Company has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include DOE and OSTI.GOV. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Energy sources and policies are managed by the DOE.
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Founded Year | Domain | Location | |
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Southern Company
Southern Company has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Aglr, Nui and PowerSecure. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Geothermal and natural gas electricity generation solutions are provided.
|
2000 | ||||
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Limited information is available on NUI's core activities.
|
1995 | ||||
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Energy efficiency and smart grid management solutions
|
1991 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Southern Company
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Southern Company Comparisons
Competitors of Southern Company
Southern Company operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dominion Energy, Enel X, NextEra Energy, Lightsource BP and EDF Renewable Energy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Energy production and transportation are conducted by Dominion Energy.
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| domain | founded_year | HQ Location |
Utility-scale renewable energy projects are developed by Enel X.
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| domain | founded_year | HQ Location |
Developer of energy solutions
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| domain | founded_year | HQ Location |
Solar energy projects are developed and operated by Lightsource BP.
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| domain | founded_year | HQ Location |
Solar and wind energy projects are developed and operated.
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| domain | founded_year | HQ Location |
Utility-scale and commercial solar projects are developed worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Southern Company
Frequently Asked Questions about Southern Company
When was Southern Company founded?
Southern Company was founded in 1912 and raised its 1st funding round 91 years after it was founded.
Where is Southern Company located?
Southern Company is headquartered in United States.
Who is the current CEO of Southern Company?
Tom Fanning is the current CEO of Southern Company.
How many employees does Southern Company have?
As of Dec 31, 2024, the latest employee count at Southern Company is 28,600.
What is the annual revenue of Southern Company?
Annual revenue of Southern Company is $26.72B as on Dec 31, 2024.
What does Southern Company do?
Southern Company is established as a prominent provider of clean, safe, reliable, and affordable energy across multiple regions. Operations are focused on electric power and natural gas distribution through subsidiaries like Alabama Power, Georgia Power, and Southern Company Gas. Emphasis is placed on nuclear energy as a carbon-free solution, with significant contributions from Plant Vogtle powering over 1 million homes and businesses. Commitment is shown to sustainability, community development, and environmental stewardship. Innovation in clean energy solutions and net-zero goals are prioritized to address climate change challenges.
Who are the top competitors of Southern Company?
Southern Company's top competitors include Enel X, Lightsource BP and NextEra Energy.
What products or services does Southern Company offer?
Southern Company offers Nuclear Energy, Electric Power, and Natural Gas.
Is Southern Company publicly traded?
Yes, Southern Company is publicly traded on NYSE under the ticker symbol SO.
How many acquisitions has Southern Company made?
Southern Company has made 4 acquisitions, including Aglr, Nui, and PowerSecure.
Who are Southern Company's investors?
What is Southern Company's ticker symbol?
The ticker symbol of Southern Company is SO on NYSE.