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Morningstar

Morningstar

Aug 28, 2026

The Southern Company: Southern Co.: OpenAI Data Center Contract Receives Regulatory Sign-Off

Symbols

SO

Sector(s)

Utilities

Rating

Current Price

88.11

Fair Value

Economic Moat

Stewardship

Summary

Southern is one of the largest utilities in the US. The company serves 9 million customers with vertically integrated electric utilities in three states and natural gas distribution utilities in four states. It owns 46 gigawatts of rate-regulated generating capacity, primarily

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