Atlanta

Atlanta-based Southern Co. upped its service agreements withGeneral Electric Co. to more than $1 billion yesterday aftersigning a multi-year service agreement with its GE Power Systemsunit for $575 million for its new combined-cycle power plants.

Atlanta-based power marketer Southern Energy Inc. raised theestimated price range of its initial public offering yesterday, andexpects net proceeds from the deal to reach $1.05 billion — 19%more than the previously expected $884 million in net proceeds. Itsprice rose nearly $3 yesterday, to $18 to $20 per share from $15 to$17 per share.

CanWest Gas Supply Inc., an old-line natural gas aggregator in British Columbia — and also the largest — has agreed to allow Atlanta’s Southern Company Energy Marketing to manage its business.

CanWest Gas Supply Inc., an old-line natural gas aggregators inBritish Columbia — and also the largest — has agreed to allowAtlanta’s Southern Company Energy Marketing to manage its business.

Atlanta Gas Light Co. (AGLC) launched a pilot program inQuitman, GA, to help the city develop and implement a structuredprocess to enhance its 33-mile gas operating system. Quitman, acity of approximately 5,300 in Brooks County near Valdosta insoutheast Georgia, is not served by AGLC. Service, during the testperiod, is scheduled to begin May 1. AGLC will provide operationsmaintenance support, corrosion control, development of a workmanagement plan, and gas accountability. AGLC also will develop andmanage a compliance inspection plan, including an initial corrosionevaluation. AGLC inspected Quitman’s operations in February.

Atlanta Gas Light (AGL) announced last week that it will refund$34 million to its former retail customers. The $26 per customerrefund will be issued by the 13 marketers in AGL’s serviceterritory during the May/June billing cycle.

Preparing to say farewell to the retail side of its business,Atlanta Gas Light (AGL) announced yesterday it will refund $34million to its former retail customers. The $26 per customer refundwill be issued by the 13 marketers in AGL’s service territoryduring the May/June billing cycle. It will be noted on customers’bills as a “GA PSC Ordered Credit,” which will be deducted from thetotal amount owed for service for the particular billing period.

Atlanta Gas Light, the distribution utility for more than 1.5million customers in Georgia, said last week that through a ratecase settlement with Southern Natural Gas Pipeline (Sonat) and anew agreement with Transco’s SouthCoast project, its customersstand to save anywhere from $10 million to $32 million annually.

Atlanta Gas Light, the distribution utility for more than 1.5million customers in Georgia, said yesterday that through a ratecase settlement with Southern Natural Gas Pipeline (Sonat) and anew agreement with Transco’s SouthCoast project, its customersstand to save anywhere from $10 million to $32 million annually.