Southern Co., AGL Resources file in Maryland for merger approval

southern co elp

In a joint filing with the Maryland Public Service Commission, Southern Co. and AGL Resources requested regulatory approval of the companies' proposed merger.

AGL Resources is the parent company of Elkton Gas, a regulated utility providing natural gas distribution services to about 6,000 customers in Elkton, Md.

When completed, the combination of Southern Co. and AGL Resources is expected to create the second-largest utility company in the U.S. by customer base, bringing together:

·      Eleven regulated electric and natural gas distribution companies providing service to about 9 million customers;

·      Operations of nearly 200,000 miles of electric transmission and distribution lines;

·      More than 80,000 miles of gas pipelines; and

·      About 46,000 MW of power generating capacity.

The companies expect to complete the transaction in the second half of 2016.

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