Buzz Miller
Southern Company, based in Atlanta, said Tuesday that subsidiary Southern Power is in the preliminary phase of developing land for a natural gas generating facility in Pittsylvania County in southern Virginia.
As part of Southern Power's strategic plan to secure potential generation sites, the company signed a purchase and sale agreement option in June with the Danville-Pittsylvania Regional Industrial Facility Authority (RIFA) for 300 acres of land in Berry Hill Industrial Park.
"This is an early step in a lengthy process as we evaluate opportunities that align with our low-risk business model," Southern Power CEO Buzz Miller, said in a statement. "Southern Power is committed to acquiring and constructing generating assets substantially covered by long-term contracts, and we believe southern Virginia could be a good fit for our strategic expansion."
