The hydropower assets of the Tennessee Valley Authority
would give Southern Company a way to avoid doing distributed solar for a while.
Will SO CEO Tom Fanning and Georgia Power CEO Paul Bowers
bit the bullet and go straight for distributed solar instead of
helping Duke privatize TVA for a short-term stopgap that would
set both of them farther behind the disruptive solar curve?
Blue line: SCTY; red line: SO, chart by
Google Finance.
May 16th:
Goldman Sachs invested $500 million in SCTY.
May 22nd:
SO stockholder meeting.
May 24th:
S&P downgrades SO.
Wes Patoka wrote for Motley Fool 24 May 2013,
Who Benefits the Most if the TVA Is Privatized,