Southern Co's Georgia Power Awarded $160M From U.S Department of Energy To Enhance Georgia Power Grid
Portfolio Pulse from Benzinga Newsdesk
Southern Co's Georgia Power has been awarded $160 million by the U.S. Department of Energy to enhance the power grid in Georgia. This funding is aimed at improving the reliability and resilience of the power infrastructure.
October 21, 2024 | 2:20 pm
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Southern Co's Georgia Power has secured $160 million from the U.S. Department of Energy to enhance the power grid in Georgia, which could improve infrastructure reliability and resilience.
The $160 million funding from the U.S. Department of Energy is a significant investment in Southern Co's Georgia Power, aimed at improving the power grid's reliability and resilience. This could lead to enhanced service quality and potentially lower operational risks, positively impacting Southern Co's stock in the short term.
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