Seeking to accommodate growth, Southern Energy Inc. will move toa new Atlanta office, with the Southern Company Energy Marketingunit relocating by December and the headquarters going a yearlater.

Southern Company Energy Marketing, the trading and marketing armjointly owned with Vastar Resources Inc., will place its tradingoperations on a state-of-the-art, 40,000-square-foot trading floor,scheduled for completion Dec. 1. Southern Company Energy Marketingwill have the option to add another 66,000 square feet if needed.The move will involve more than 500 employees, some of whom will goto the new trading floor in December.

Southern Energy’s 370 headquarters employees, working in NorthAmerican and international business units and corporate functions,will occupy 168,000 square feet (the lobby floor and six otherfloors) of an adjacent 12-story tower in late 2000. RemainingSouthern Company Energy Marketing employees also will move into thetower at that time.

The relocation also will play a key role in the growth ofSouthern Company Energy Marketing, which recently consolidated itsHouston and Atlanta trading offices in Atlanta, said CEO MarceFuller. “We’ll have one of the largest energy trading floors in thenation, and we’ll also have the latest energy trading technology.”

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