Southern Company Boosts Five-Year Capex $3 Billion, to $38 Billion

SUGAR LAND, TEXAS--May 29, 2019--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The Southern Company (NYSE:SO) (Atlanta, Georgia) plans to make $38 billion in capital expenditures (capex) between 2019 and 2023, roughly $3 billion more than its prior five-year plan covering 2018-2022, according to a webcast to investors earlier this year. That $3 billion increase will be invested in Southern's state-regulated electric utilities.

Within this article: Southern Company's capital spending plans for 2019-2023.