Earnings call briefSecond-quarter 2026
Southern Company says projected equity need through 2030 is now $1.1 billion
Chief Financial Officer David P. Poroch also said the 17 GW contracted portfolio carries about $21 billion of collateral.
GetSignal Southern SO
Southern Company said on its second-quarter call that it sourced an additional $700 million of equity through its at-the-market program in the quarter.
Chief Financial Officer David P. Poroch said a rule of thumb for future capital opportunities is about $2 billion, a little above, tied to roughly 1 GW of new generating capacity.
Quotes from the call
“Together with the significant amount of equity previously sourced, we have reduced our projected remaining equity need by 2030 to $1.1 billion.”
Key facts from the call
- Equity sourced in second quarter
- $700 million, through the at-the-market program
- Projected remaining equity need by 2030
- $1.1 billion
- Capital opportunity rule of thumb
- About $2 billion, a little above, per roughly 1 GW of new generating capacity
Source: Southern Company's second-quarter 2026 earnings call, July 30, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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