RES Americas: [530][542]Southern Company Acquires Lamesa Solar Facility in Texas; Shares Dip 1% (NYSE:SO)

Energy company The Southern Company (NYSE:SO) has acquired the 102-megawatt Lamesa Solar Facility from RES America Developments Inc. for an undisclosed amount. Southern Power will sell the electricity and associated renewable energy credits generated by the facility under a 15-year power purchase agreement to the city of Garland, Tex. . The stock is down 1.56% or $0.85 after the news,[Read More...]The post [530][542]Southern Company Acquires Lamesa Solar Facility in Texas; Shares Dip 1% (NYSE:SO) appeared first on Sonoran Weekly Review.