Gas-Fired Power a Big Part of Alabama Projects

July 18, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--While capital natural gas-fired power projects are becoming fewer and farther between in the U.S. as the country's power companies flock to renewables, Alabama seems to be bucking the trend with two large gas-fired projects under construction. The projects have a combined estimated total investment value of more than $1.6 billion, contributing significantly to Alabama's $9.77 billion in projects under construction. But the biggest project underway in the state is one that is sure to keep thousands of children happy with what's in their lunchboxes. Companies featured: Southern Company (NYSE:SO), The J.M. Smucker Company (NYSE:SJM), ArcelorMittal (Luxembourg, Luxembourg) (NYSE:MT), Meta Platforms Incorporated (NASDAQ:META), Alphabet Incorporated (NASDAQ:GOOGL)