The cost of Mississippi Power’s controversial plant being built in Kemper County is rising again. The Southern Co. says it will cost at least another $177 million to finish the power plant it’s building in eastern Mississippi’s Kemper County, pushing the total cost above $5.2 billion The Atlanta-based parent of Mississippi Power Co. said yesterday […]
Tag Archives: Southern Co.
October 30, 2013
Cost overruns in construction of Mississippi Power’s Kemper County lignite coal plant so far this year have taken a nearly $800 million bite out of parent Southern Co.’s earnings. A cooler than normal summer across the Southeast further eroded earnings, the company reported in its third quarter earnings statement. Frequent rainfall combined with what Southern […]