Acquiring Organization: Southern Company Southern Company Services, Inc., headquartered in Birmingham, Alabama, is the shared services division of Southern Company. In connection with the transaction, PowerSecure intends to file relevant materials with the SEC, including a proxy statement in preliminary and definitive form. Visit www.southerncompany.com. Use constitutes acceptance of General Website Terms and Conditions | Revised Privacy Statement | Contact Us, Southern Company Contact: Southern Company Media Relations, 866-506-5333; PowerSecure Contact: PowerSecure Media Relations, 919-453-2103. Sie können Ihre Einstellungen jederzeit ändern. "As energy technologies and customer expectations continue to evolve, the electric utility business model is increasingly expanding beyond the meter," said Southern Company Chairman, President and CEO Thomas A. Fanning. Power Pro-Tech Services is excited to combine forces with the PowerSecure team and offer unparalleled sales, engineering and design, manufacturing, construction, commissioning, monitoring and expert maintenance of distributed … PowerSecure also provides electric utilities with transmission and distribution infrastructure maintenance and construction services, and engineering and regulatory consulting services. Addition of PowerSecure's proven expertise positions Southern Company to advance distributed infrastructure development ATLANTA and WAKE FOREST, N.C. – Southern Company (NYSE: SO) and PowerSecure International, Inc. (NYSE: POWR) today announced that the boards of directors of both companies have approved a definitive merger agreement through which Southern Company will acquire PowerSecure … Southern Company believes that the advancement of distributed infrastructure technologies – the very technologies in which PowerSecure specializes through its unique business model –  helps meet customers' future energy needs as part of the full portfolio of energy resources. Jones Day, Gibson Dunn & Crutcher LLP and Troutman Sanders LLP are serving as legal counsel to Southern Company. In 2016, PowerSecure was acquired by Southern Company and today is a wholly owned subsidiary of Southern. For PowerSecure’s part, being acquired by Southern Co. should go a long way towards stabilizing the company’s fortunes, which have swung widely. The addition of Wake Forest, N.C.-based PowerSecure has strengthened Southern Company’s ability to meet customers’ current and future energy needs. Through an industry-leading commitment to innovation, Southern Company and its subsidiaries are inventing America's energy future by developing the full portfolio of energy resources, including nuclear, 21st century coal, natural gas, renewables and energy efficiency, and creating new products and services for the benefit of customers. Jobs magazine as a top military employer, listed by Black Enterprise magazine as one of the 40 Best Companies for Diversity and designated a 2014 Top Employer for Hispanics by Hispanic Network. PowerSecure International, Inc. 3098. Completion of the transaction is conditioned upon, among other things, the approval of PowerSecure stockholders. PowerSecure International, Inc. Energy Energy Efficiency Sustainability Green ... Acquired by 3 29 Feb 2016 Southern Company There can be no assurance that the transaction will in fact be consummated. PowerSecure, a Southern Company subsidiary, is the nation’s leading distributed energy innovation company. PowerSecure provides products and services in the areas of Interactive Distributed Generation ® (IDG®), energy efficiency and utility infrastructure. Southern Company’s existing business model provides an opportunity to leverage PowerSecure’s unique expertise to help meet customers’ energy needs using advanced technologies. To access the live webcast, please log on to the investor section of the company's website at http://www.powersecure.com. ATLANTA and WAKE FOREST, N.C., Feb. 24, 2016 /PRNewswire/ -- Southern Company and PowerSecure International, Inc. today announced that the boards of directors of both companies have... | … PowerSecure International, Inc. 3098. Southern Company's existing business model provides an opportunity to leverage PowerSecure's unique expertise to help meet customers' energy needs using advanced technologies. We are excited to announce that Power Pro-Tech Services has been acquired by PowerSecure, a wholly owned subsidiary of Southern Company. These forward-looking statements are often characterized by the use of words such as "expect," "anticipate," "intend," "estimate," "plan," "believe," "may," "project," "potential," "forecast," "target," "guidance," "outlook," "should," "will," "could," "continue" and the negative or plural of these words and other comparable terminology. Southern Company's existing business model provides an opportunity to leverage PowerSecure's unique expertise to help meet customers' energy needs using advanced technologies. Southern Company has been named by the U.S. Department of Defense and G.I. Before founding PowerSecure, Hinton held roles in finance, marketing, energy efficiency and product/solution development at Southern Company and Progress Energy. With the addition of PowerSecure to Southern Company, we're extending our commitment to create America's energy future by tapping into industry-leading expertise to deliver cutting-edge solutions to energy consumers nationwide.". PowerSecure International, Inc. Energy Energy Efficiency Sustainability Green ... A daughter company of TNW. The firm owned 91,790 shares of the company’s stock after selling 286 shares during the period. Wir und unsere Partner nutzen Cookies und ähnliche Technik, um Daten auf Ihrem Gerät zu speichern und/oder darauf zuzugreifen, für folgende Zwecke: um personalisierte Werbung und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr über die Zielgruppe zu erfahren sowie für die Entwicklung von Produkten. ATLANTA and WAKE FOREST, N.C., Feb. 24, 2016 /PRNewswire/ -- Southern Company and PowerSecure International, Inc. today announced that the boards of directors of both companies have... | … Image source: PowerSecure.. What: Shares of PowerSecure International are up … The company's energy efficiency products and services include energy efficient lighting solutions that utilize LED technologies to improve lighting quality, and the design, installation and maintenance of energy conservation measures which the company offers, primarily as a subcontractor, to large energy service company providers, called ESCOs, for the benefit of commercial, industrial and institutional customers as end users and directly to retailers. Wake Forest energy services provider PowerSecure International will be acquired by the Southern Company, one of the nation’s largest electric utilities, both companies announced Wednesday. ATLANTA and WAKE FOREST, N.C., May 9, 2016 /PRNewswire/ -- Southern Company and PowerSecure International, Inc. today completed their merger, with PowerSecure … Acquiring Organization: Southern Company Southern Company Services, Inc., headquartered in Birmingham, Alabama, is the shared services division of Southern Company. This communication may be deemed to be solicitation material in respect of the merger between Southern Company and PowerSecure. In addition, the webcast will be archived on the company's website at www.powersecure.com. Southern Company celebrates anniversary of PowerSecure acquisition Southern Company and PowerSecure recently celebrated the first anniversary of the combined company. PowerSecure management will webcast a conference call at 5:30 p.m. Southern Company subsidiary PowerSecure is a leading provider of utility and energy technologies to electric utilities, and their industrial, institutional and commercial customers. With more than 4.5 million customers and approximately 46,000 megawatts of generating capacity, Atlanta-based Southern Company (NYSE: SO) is the premier energy company serving the Southeast through its subsidiaries. Wake Forest energy services provider PowerSecure International will be acquired by the Southern Company, one of the nation’s largest electric utilities, both companies announced Wednesday. PowerSecure International, Inc. is a leading provider of utility and energy technologies to electric utilities, and their industrial, institutional and commercial customers. Southern Company to Acquire PowerSecure International, Inc. - Southern Company, an American electric utility holding company, and PowerSecure International, Inc., provider of utility and energy technologies made a definitive merger agreement delivering cutting-edge solutions to energy consumers nationwide. Orion Portfolio Solutions LLC lowered its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. PowerSecure International, Inc. 3097. On Wednesday, Southern Company announced plans to acquire PowerSecure for $431 million, or $18.75 a share — a hefty premium over the publicly traded company’s recent share price. Southern Company subsidiary PowerSecure is a leading provider of utility and energy technologies to electric utilities, and their industrial, institutional and commercial customers. PowerSecure International PowerSecure International provides utility and energy technologies to electric utilities and their industrial and commercial customers. Southern Company to Acquire PowerSecure International, Inc. 2019 Southern Company Annual Meeting of Stockholders, http://photos.prnewswire.com/prnh/20080801/SOCOLOGO, http://photos.prnewswire.com/prnh/20160224/337155LOGO, http://www.prnewswire.com/news-releases/southern-company-to-acquire-powersecure-international-inc-300225740.html, Anti-Hedging and Anti-Pledging Provisions. “Most of our customers couldn’t afford backup power -- and they used the peak shaving to justify the investment.”. The company earned the 2014 National Award of Nuclear Science and History from the National Atomic Museum Foundation for its leadership and commitment to nuclear development, and is continually ranked among the top utilities in Fortune's annual World's Most Admired Electric and Gas Utility rankings. PowerSecure is in the process of being acquired by Georgia-based Southern Company. “We’ve always provided innovative turnkey solutions for our customers. Orion Portfolio Solutions LLC owned about […] Southern Company (NYSE: SO) and PowerSecure International, Inc. (NYSE: POWR) today announced that the boards of directors of both companies have approved a definitive merger agreement through which Southern Company will acquire PowerSecure, with PowerSecure becoming a wholly owned subsidiary of Southern Company. Dazu gehört der Widerspruch gegen die Verarbeitung Ihrer Daten durch Partner für deren berechtigte Interessen. Through this natural evolution of the companies' current business models, the combined company would be particularly suited to address reliability concerns and promote technology advances with a focus on the future. PowerSecure provides products and services in the areas of Interactive Distributed Generation ® (IDG®), energy efficiency and utility infrastructure. PowerSecure International provides utility and energy technologies to electric utilities and their industrial and commercial customers. Orion Portfolio Solutions LLC lowered its position in Vanguard Energy Index Fund ETF Shares (NYSEARCA:VDE) by 0.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. PowerSecure provides products and services in the areas of Interactive Distributed Generation ® (IDG®), solar energy, energy efficiency and utility infrastructure. PowerSecure International, Inc. is a leading provider of utility and energy technologies to electric utilities, and their industrial, institutional and commercial customers. A leading U.S. producer of clean, safe, reliable and affordable electricity, Southern Company owns electric utilities in four states and a growing competitive generation company, as well as fiber optics and wireless communications. Index.co is not affiliated with Index Ventures. The utility announced last month that it would be buying the Wake Forest clean tech for about $431 million. PowerSecure International, Inc. Stock Up 88% on Acquisition Agreement With Southern Co. The call can also be accessed by dialing 888-339-2688 (or 617-847-3007 if dialing internationally) and providing pass code 89811649. Daten über Ihr Gerät und Ihre Internetverbindung, darunter Ihre IP-Adresse, Such- und Browsingaktivität bei Ihrer Nutzung der Websites und Apps von Verizon Media. Investors may obtain a free copy of these materials (when they are available) and other documents filed by PowerSecure with the SEC at the SEC's website at www.sec.gov, at PowerSecure's website at www.powersecure.com or by sending a written request to PowerSecure International, Inc., 1609 Heritage Commerce Court, Wake Forest, North Carolina 27587, attention: Investor Relations. The firm owned 14,211 shares of the company’s stock after selling 482 shares during the period. PowerSecure, a Southern Company subsidiary, is the nation’s leading distributed energy innovation company. "Today there is demand for distributed infrastructure solutions that best meet each customer's unique energy needs. "Southern Company has earned a reputation as one of America's premier utilities by deploying its technical expertise and financial strength to best serve customers," said Sidney Hinton, chief executive officer of PowerSecure. Additional Information and Where to Find It. Southern Company brands are known for excellent customer service, high reliability and affordable prices that are below the national average. Yahoo ist Teil von Verizon Media. These technologies typically receive highest demand largely in markets outside of the Southeast, where distributed infrastructure investments tend to provide greater customer value. It maintains offices in Charlotte, Wilmington and Greenville, S.C. Power Pro-Tech Services is excited to combine forces with the PowerSecure team and offer unparalleled sales, engineering and design, manufacturing, construction, commissioning, monitoring and […] Important risks, uncertainties and other factors include, but are not limited to, the failure to receive, on a timely basis or otherwise, the required approvals by PowerSecure stockholders and government or regulatory agencies (including the terms of such approvals); the risk that a condition to closing of the merger may not be satisfied; the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement; the risk that the businesses will not be integrated successfully; the possibility that the anticipated benefits from the transaction cannot be fully realized or may take longer to realize than expected; the possibility that costs related to the integration of Southern Company and PowerSecure will be greater than expected; the ability to retain and hire key personnel and maintain relationships with customers, suppliers or other business partners; the diversion of management time on transaction-related issues; the on-going uncertainty and inconsistency in the economy, financial markets and business markets; the impact of legislative, regulatory and competitive changes; and other risks, uncertainties and other factors identified from time to time in in each of Southern Company's and PowerSecure's reports filed with or furnished to the Securities and Exchange Commission, including their most recent Annual Report on Form 10-K, as well as subsequently filed Quarterly Reports Form 10-Q and Current Reports on Form 8-K, copies of which may be obtained by visiting the investor relations page of each company's website or the SEC's website at www.sec.gov.