Southern Company and AGL Resources have completed their merger, creating one of the leading energy providers in the United States, after having received final merger approval from New Jersey regulators.
Southern Company operates around 44 GW of power generation capacity and serves more than 4.5 million customers. AGL Resources is the parent company of Virginia Natural Gas, a regulated utility providing gas distribution services to approximately 290,000 customers in south-eastern Virginia, including the Hampton Roads region. AGL Resources serves approximately 4.5 million utility customers through its regulated distribution subsidiaries in seven states. The company also serves over one million retail customers through its SouthStar Energy Services joint venture and Pivotal Home Solutions, which market natural gas and related home services.
The merger of Southern Company and AGL Resources creates the second-largest utility company in the United States by customer base, bringing together 11 regulated electric and gas distribution companies providing service to approximately 9 million customers, nearly 322,000 km of electric transmission and distribution lines, around 129,000 km of gas pipelines and approximately 44 GW of power capacity. The combined company serves utility customers in nine states – Alabama, Florida, Georgia, Illinois, Maryland, Mississippi, New Jersey, Tennessee and Virginia – and has wholesale electricity generation and natural gas services, retail energy services and natural gas storage operations across the United States.