SO · News · 20261022N

Data Center / Load Growth

SOUTHERN CO · 2026-10-22 · Importance 22 · Surprise 24

Increasing data-center demand is driving record electricity sales across Southern Company’s southeastern territories. Georgia is identified as a key hub for data-center construction and related load growth. Southern Company’s nuclear, natural-gas, and solar generation fleet is being used to serve data centers’ continuous power requirements. The company is balancing this demand with significant capital spending for new capacity and efforts to manage customer costs.

Key facts

• BMO Capital cited a third-quarter 2026 earnings-per-share estimate of USD 1.75, which is above FactSet and Bloomberg median estimates. source
• Increasing data-center demand drives record electricity sales across its southeastern territories. source
• Southern Company is scheduled to report its Q3 2026 results on November 5, 2026. source
• Southern Company is preparing for its third-quarter financial report. source
• Georgia is a key hub for data-center construction served by Southern Company. source
• BMO Capital has lowered its price target for Southern Company from USD 104 to USD 98 while maintaining an Outperform rating. source
• Southern Company stock was trading pre-market at EUR 80.51 at Lang & Schwarz. source
• Southern Company's diverse generation fleet includes nuclear, natural gas, and solar. source