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Southern Company10-K: Capex increase

Georgia Power plans $19.5B capex for 9 GW of new generation and storage by 2030.

Source

SEC EDGARFeb 18, 2026

Annual report (Form 10-K)

Southern Company 10-K for FY2025

Filing excerpt

Through the 2022 IRP and the 2023 IRP Update, the Georgia PSC has certified resources totaling approximately 13 GWs, approximately nine GWs of which are new generation and battery energy storage facilities that are being, or are expected to be, constructed by Georgia Power.

sec.gov/Archives/edgar/data/3153/000009212226000006/so-20251231.htmRead the full source

Other signals in this filing (8)

Extracted by Autobound

From the Signal API record
Signal
10-K: Capex increase

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 18, 2026

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The full record

From the Signal API record

Numbers

Dollar figure
$19.5B (Certified costs for Georgia Power new generation and battery energy storage projects)

Details

CIK
3153
Accession number
0000092122-26-000006
Timeframe
Multi year
Filing year
2026
Why it matters
Budget available
Signal category
Financial

Topics and mentions

Technologies

  • battery energy storage

Regions named

  • Georgia
  • Southeast

Extraction

Confidence
High
Relevance
90%
Sentiment
Positive
Detected
Feb 24, 2026
signal_type
sec-10k
signal_subtype
capexIncrease

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/91bd049b-66e9-4840-b0dc-4539aec15ee9 returns this record as JSON. POST /v1/companies/enrich returns every signal for southerncompany.com.

{
  "signal_id": "91bd049b-66e9-4840-b0dc-4539aec15ee9",
  "signal_type": "sec-10k",
  "signal_subtype": "capexIncrease",
  "detected_at": "2026-02-24T09:19:29.477+00:00",
  "company": {
    "name": "Southern Company",
    "domain": "southerncompany.com"
  },
  "data": {
    "detail": "Driven by a surge in demand from data centers, this massive investment in new generation and battery energy storage facilities creates significant opportunities for vendors in construction, engineering, grid technology, and project management.",
    "metrics": {
      "timeframe": "multi_year",
      "dollar_context": "Certified costs for Georgia Power new generation and battery energy storage projects",
      "dollar_millions": 19500
    },
    "summary": "Georgia Power plans $19.5B capex for 9 GW of new generation and storage by 2030.",
    "excerpts": "Through the 2022 IRP and the 2023 IRP Update, the Georgia PSC has certified resources totaling approximately 13 GWs, approximately nine GWs of which are new generation and battery energy storage facilities that are being, or are expected to be, constructed by Georgia Power.",
    "relevance": 0.9,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/3153/000009212226000006/so-20251231.htm",
    "filing_date": "2026-02-18",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Budget available",
    "signal_category": "financial",
    "regions_mentioned": [
      "Georgia",
      "Southeast"
    ],
    "technologies_mentioned": [
      "battery energy storage"
    ]
  }
}

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