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Claude Mongeau resigns as chair of Norfolk Southern Board
New chair to be elected at the next scheduled meeting of the Board of Directors ATLANTA , June 3, 2025 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced Chairman Claude Mongeau has resigned from the Board of Directors this week for personal reasons. The board will elect a new chair at its next scheduled meeting later this month.
Southern Realty Trust Expands Revolving Credit Facility to $100 Million with Addition of EverBank as Joint Lead Arranger
WEST PALM BEACH, Fla., June 02, 2025 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. (“SRT” or the “Company”), a lender on the TCG Real Estate platform, today announced the expansion of its senior secured revolving credit facility (the “Credit Facility”) with the addition of EverBank, N.A. (“EverBank”). EverBank has committed $50 million to the facility, bringing total committed capital to $100 million. The Credit Facility, originally established with East West Bancorp, Inc. (“East West Bank”) in January 2025, remains expandable to $200 million, subject to certain conditions and additional lender participation.
Southern Cross Gold Drills 3.4 M @ 466 g/t Gold at Sunday Creek
Vancouver, British Columbia and Melbourne, Australia--(Newsfile Corp. - May 28, 2025) - Southern Cross Gold Consolidated Ltd (TSXV: SXGC) (ASX: SX2) (OTC Pink: MWSNF) (FSE: MV3) ("SXGC", "SX2" or the "Company") announces results from eight diamond drill holes from the Rising Sun and Golden Dyke and Christina prospects, at the 100%-owned Sunday Creek gold-antimony project in Victoria (Figure 7). Five Key Points SDDSC161, drilled to infill mineralization with a 27 m up-dip extension at Rising Sun, hosts the second-best interval on the project and two of the ten best intervals drilled: Second best interval: 3.4 m @ 466.4 g/t Au (1,585.8 AuEq g/t x m) including 2.4 m @ 670.4 g/t Au.
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Southern Company Profile
| Regulated Electric Industry | Utilities Sector | Mr. Christopher C. Womack CEO | XWBO Exchange | US8425871071 ISIN |
| US Country | 28,314 Employees | 18 Feb 2025 Last Dividend | 3 Apr 2001 Last Split | 31 Dec 1981 IPO Date |
Overview
The Southern Company is a leading energy company that has been operational since 1945. Headquartered in Atlanta, Georgia, it engages in various aspects of the energy sector, primarily focusing on the generation, transmission, and distribution of electricity. Its operations extend to developing, constructing, acquiring, owning, and managing power generation assets. These assets span a broad spectrum, including renewable energy projects, which allows The Southern Company to play a significant role in the wholesale electricity market. Additionally, it is involved in the distribution of natural gas across several states and offers a range of related services. The company's vast infrastructure includes significant natural gas pipelines and storage facilities, ensuring reliable supply to its customers. Serving approximately 8.9 million electric and gas utility customers, The Southern Company also ventures into newer domains such as distributed energy solutions, resilience solutions, and digital communications, further diversifying its portfolio and strengthening its market position.
Products and Services
The Southern Company offers a comprehensive array of products and services designed to meet the diverse needs of its customers. Each product and service is tailored to leverage the company's extensive expertise in the energy sector, ensuring high-quality options for both residential and commercial consumers.
- Electricity Generation, Transmission, and Distribution: The company produces electricity through various sources, including nuclear, coal, hydro, cogeneration, solar, wind, battery storage, and fuel cell facilities. It is responsible for the transmission and distribution of electricity to meet consumer demand effectively.
- Renewable Energy Projects: Engaging in renewable energy projects allows The Southern Company to offer environmentally sustainable energy options, including solar and wind power, contributing to the diversification of energy sources and the reduction of carbon emissions.
- Natural Gas Distribution and Services: It provides natural gas distribution in multiple states, alongside offering gas marketing services. The company manages gas distribution operations and pipeline investment operations, ensuring a reliable supply of natural gas to its customers.
- Infrastructure Development: The Southern Company owns and operates an extensive network of natural gas pipelines and storage facilities, which play a critical role in energy distribution and storage solutions.
- Distributed Energy and Resilience Solutions: Offering distributed energy solutions, The Southern Company addresses the growing demand for decentralized energy sources. It also provides resilience solutions to ensure stable and uninterrupted energy supplies.
- Microgrid Deployment: The development and deployment of microgrids cater to the needs of commercial, industrial, governmental, and utility customers, offering them a self-sufficient energy solution that enhances reliability and sustainability.
- Digital Wireless Communications and Fiber Optics Services: By offering these services, The Southern Company expands its operations into the telecommunication sector, providing essential communication infrastructure and services.
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