Southern Company Secures $26.54 Billion Loan for Transformative Energy Infrastructure Expansion

### Southern Company Drives Energy Infrastructure Expansion with Historic Federal Loan

Southern Company is set to revolutionize energy infrastructure in the Southeastern United States, unlocking transformative improvements for its power distribution through an unprecedented loan of up to $26.54 billion from the U.S. Department of Energy's Office of Energy Dominance Financing. This significant funding initiative focuses on enhancing grid reliability and lowering energy costs for consumers in Georgia and Alabama. Over the next 30 years, the company anticipates generating approximately $7 billion in savings for its customers, reinforcing its commitment to delivering affordable and accessible energy.

The federal loan enables Southern Company to embark on an ambitious plan to construct more than 1,300 miles of new transmission lines, which are critical to modernizing the electrical grid. Additionally, the company aims to expand its battery energy storage systems (BESS), which will offer thousands of megawatts of on-demand electricity. By enhancing the grid's reliability, these advancements promise to not only stabilize electricity supply but also ensure that millions of customers have access to dependable energy, even during peak demand periods or unexpected outages.

Operating within a vertically integrated, state-regulated framework, Southern Company is uniquely positioned to collaborate effectively with state regulators and municipalities in deploying these vital energy improvements. The ongoing investments in energy infrastructure signify a substantial step towards advancing the U.S. energy agenda, resonating with current priorities for energy dominance and affordability while ensuring a cleaner, more sustainable energy future for Southern Company’s customers.

In light of these developments, Southern Company reinforces its leadership role in utility innovation within the energy sector. The combination of significant federal backing and local expertise enhances the company’s ability to execute essential upgrades that not only benefit consumers but also address broader national energy challenges.

As Southern Company moves forward with this extensive infrastructure enhancement program, the emphasis remains on creating a robust, reliable electric grid that meets the evolving needs of its customer base. These initiatives reflect a strategic commitment to sustainable and forward-thinking energy practices, aligning with national goals for efficient energy use and environmental stewardship.