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Southern Company10-Q: Legacy modernization

Southern Power is executing 'Wind Repowering Projects' to modernize generation assets.

What happened

Southern Power is actively engaged in wind repowering projects, which involves upgrading existing wind farms with newer, more efficient technology.

Source

SEC EDGARApr 29, 2026

Quarterly report (Form 10-Q)

Southern Company 10-Q

Filing excerpt

an increase of $46 million in other receivables primarily related to the transfer of tax credits generated in the first quarter 2026, which were previously allocated to the SP Wind tax equity partners in 2025.See Note (K) to the Condensed Financial Statements under "Southern Power – Wind Repowering Projects" herein...

sec.gov/Archives/edgar/data/3153/000009212226000034/so-20260331.htmRead the full source

Other signals in this filing (8)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Legacy modernization

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

Fiscal year end
03/31
Filed
Apr 29, 2026

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The full record

From the Signal API record

Numbers

Dollar figure
$46M (Increase in receivables related to transfer of tax credits from Wind Repowering Projects)

Details

CIK
3153
Accession number
0000092122-26-000034
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Modernization projects
Signal category
Technology

Topics and mentions

Technologies

  • wind repowering

Extraction

Confidence
High
Relevance
80%
Sentiment
Neutral
Detected
May 5, 2026
signal_type
sec-10q
signal_subtype
legacyModernization

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The API returns more than this page shows

This page shows a preview. The full sec-10q 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/d2acaab7-4205-4eab-95a8-727664c13fe3 returns this record as JSON. POST /v1/companies/enrich returns every signal for southerncompany.com.

{
  "signal_id": "d2acaab7-4205-4eab-95a8-727664c13fe3",
  "signal_type": "sec-10q",
  "signal_subtype": "legacyModernization",
  "detected_at": "2026-05-05T08:48:22.071+00:00",
  "company": {
    "name": "Southern Company",
    "domain": "southerncompany.com"
  },
  "data": {
    "detail": "Southern Power is actively engaged in wind repowering projects, which involves upgrading existing wind farms with newer, more efficient technology. This initiative, highlighted by a $46 million transfer of tax credits in Q1 2026, signals spending on modernizing generation assets to improve efficiency and output, creating opportunities for renewable technology vendors and engineering services.",
    "metrics": {
      "timeframe": "current_quarter",
      "dollar_context": "Increase in receivables related to transfer of tax credits from Wind Repowering Projects",
      "dollar_millions": 46
    },
    "summary": "Southern Power is executing 'Wind Repowering Projects' to modernize generation assets.",
    "excerpts": "an increase of $46 million in other receivables primarily related to the transfer of tax credits generated in the first quarter 2026, which were previously allocated to the SP Wind tax equity partners in 2025.See Note (K) to the Condensed Financial Statements under \"Southern Power – Wind Repowering Projects\" herein...",
    "relevance": 0.8,
    "sentiment": "neutral",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/3153/000009212226000034/so-20260331.htm",
    "filing_date": "2026-04-29",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "03/31",
    "sales_relevance": "Modernization projects",
    "signal_category": "technology",
    "technologies_mentioned": [
      "wind repowering"
    ]
  }
}

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