Illinois Regulators Approve Southern, AGL Merger

Southern Co and AGL Resources

The Illinois Commerce Commission unanimously approved the proposed merger between Southern Co. (NYSE: SO) and AGL Resources (NYSE: GAS).

AGL Resources is the parent company of Nicor Gas, which provides approximately 2.2 million customers with natural gas service in northern Illinois. When completed, the merger is expected to create the second-largest utility company in the U.S. by customer base, combining 11 regulated electric and natural gas distribution companies providing service to 9 million customers; operations of nearly 200,000 miles of transmission and distribution lines; more than 80,000 miles of gas pipelines; and approximately 44,000 MW of electricity generating capacity.

Both companies expect the deal to close in the second half of 2016.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...