COPY-Southern Company buying two power plants - WSFA.com Montgomery Alabama news.

COPY-Southern Company buying two power plants

ATLANTA Southern Company announced today that it plans to buy a pair of electric generating plants -- one in Florida and the other in North Carolina.

The total purchase price for both facilities is about 405 (m) million dollars -- according to the company.

Southern Company -- the parent company of several electricity providers including Georgia Power -- plans to purchase the DeSoto County Energy Complex in Florida and the Rowan County Energy Complex in North Carolina.

A company spokesman says North Carolina's Progress Energy Incorporated is selling the plants.

DeSoto, located in Arcadia, Florida -- about 40 miles southeast of Sarasota -- consists of two 160-megawatt combustion turbine generating units, primarily fueled by natural gas.

Rowan is located in Salisbury, North Carolina, approximately 50 miles northeast of Charlotte, and consists of three simple-cycle, natural gas-fueled generating units and a combined-cycle unit totaling 925 megawatts of generating capacity.

Southern Company also owns Alabama Power, Georgia Power, Gulf Power, Mississippi Power and Savannah Electric.

Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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