Southern Co. and AGL Resources Inc. announced the completion of their merger Friday, creating the nation’s second-largest utility behind Charlotte-based Duke Energy Corp. The $12 billion deal combines 11 electric and natural-gas distribution companies serving 9 million customers with a projected regulated rate base of $50 billion and a generating capacity of 44,000 megawatts. With nearly 200,000 miles of electric transmission and distribution lines and more than 80,000 miles of natural gas pipelines,…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/blog/morning-edition/2016/07/southern-agl-merger-completed.html?ana=RSS%26s=article_search
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