Atlanta, GA, May 18, 2006 — Southern Co. announced that it has signed long-term wholesale power agreements with EnergyUnited Electric Membership Corp., the largest electric membership co-op in North Carolina.
EnergyUnited serves the suburbs surrounding three of North Carolina’s largest cities — Charlotte, Winston-Salem and Greensboro. Under the agreements, Southern Co. will provide EnergyUnited’s incremental energy requirements from Sept. 1, 2006, through Dec. 31, 2025.
Generating capacity to serve EnergyUnited will come from Southern Co.’s existing wholesale capacity and from the recently announced acquisition of the 925-megawatt Rowan County Energy Complex located in Salisbury, NC. Southern Power — the subsidiary of Southern Co. that builds, owns and operates the company’s competitive generation assets — recently announced its intention to acquire this plant, and plans to complete the purchase of the Rowan Complex during the third quarter of this year.
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