Southern Company completed the acquisition of PowerSecure International for $431m.

Southern Company, an American gas and electric utility holding company, completed the acquisition of PowerSecure International, an innovative energy infrastructure company, for $431m. "For more than a century, the Southern Company system has provided quality service by generating and delivering affordable, reliable electricity to the customer's meter. Today we are thrilled to draw on PowerSecure's nationally recognized expertise to deliver even greater customer value by developing innovative technologies on the other side of the meter," Thomas A. Fanning, Southern Company Chairman, President and CEO.