Southern Electric International announced today that its revised offer to acquire South Western Electricity plc has been
declared wholly unconditional in all respects. As a result of an unconditional bid, Southern Electric International now controls
South Western.
Southern Electric International is in receipt of shares or acceptances for South Western totaling 84 percent of the companys
issued share capital.
South Western, based in Bristol, England, is the electric distribution company serving 1.3 million customers in the counties of
Avon, Somerset, Devon, and Cornwall.
Southern Electric International, a unit of The Southern Company of Atlanta, Ga., develops, builds, owns, and operates
power production and delivery facilities and provides a broad range of technical services in the U.S. and international
markets.
The Southern Company (NYSE: SO) is also the parent firm of five electric utilities: Alabama Power, Georgia Power, Gulf
Power, Mississippi Power, and Savannah Electric. Other subsidiaries include Southern Nuclear, Southern Development and
Investment Group, and Southern Company Services. Together, these companies make up one of the largest electric utility
groups in the United States.