Southern Company: AI Growth, Solar, And Going Nuclear

Southern Company is boosting capital spending by as much as $15 billion to meet roughly 8 GW of additional load over the next six years. The utility is currently paying out a 3.26% dividend yield and is guiding for a long-term EPS growth rate of 5% to 7%. AI is ushering in a new phase of energy demand growth that has significantly enhanced the long-term investment profile of the utility.