Hunton Andrews Kurth LLP advised the underwriters in the sale of $1.3 billion aggregate principal amount of its Series 2026A 6.00% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due April 1, 2058.

The Southern Company is a holding company that owns all of the outstanding common stock of three traditional electric operating companies, Southern Power Company and Southern Company Gas. The traditional electric operating companies - Alabama Power Company, Georgia Power Company and Mississippi Power Company - are each operating public utility companies providing electric service to retail customers in three Southeastern states in addition to wholesale customers in the Southeast. Southern Power is also an operating public utility company. Southern Power develops, constructs, acquires, owns, operates and manages power generation assets, including battery energy storage projects, and sells electricity at market-based rates in the wholesale market. Southern Company Gas is an energy services holding company whose primary business is the distribution of natural gas in four states - Illinois, Georgia, Virginia and Tennessee - through its natural gas distribution utilities. Southern Company Gas is also involved in several other businesses that are complementary to the distribution of natural gas.

The Hunton team included Peter K. O’Brien, Steven C. Friend, Patrick C. Jamieson,  Monika M. Dziewa and Ryan Metz. Robert McNamara, William Freeman and David Kamins provided tax advice.