5/2/2024

speaker
Robert
Conference Operator

Good afternoon. My name is Robert, and I'll be your conference operator today. At this time, I'd like to welcome everyone to the Southern Company first quarter 2024 earnings call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. I would now like to turn the call over to Mr. Scott Gammill, Vice President, Investor Relations and Treasurer. Please go ahead, sir.

speaker
Scott Gammill
Vice President, Investor Relations and Treasurer

Thank you, Rob. Good afternoon and welcome to Southern Company's first quarter 2024 earnings call. Joining me today are Chris Womack, Chairman, President, and Chief Executive Officer of Southern Company, and Dan Tucker, Chief Financial Officer. Let me remind you we'll be making forward-looking statements today in addition to providing historical information. Various important factors could cause actual results to differ materially from those indicated in the forward-looking statements, including those discussed in our Form 10-K, Form 10-Q, and subsequent filings. In addition, we'll present non-GAAP financial information on this call. Reconciliations to the applicable GAAP measure are included in the financial information we released this morning, as well as the slides for this conference call, which are both available on our investor relations website at investor.southerncompany.com. At this time, I'll turn the call over to Chris Womack.

speaker
Chris Womack
Chairman, President, and Chief Executive Officer

Thank you, Scott. Good afternoon, and thank you for joining us for what is such an exciting time for our company. Monday, we announced that Plant Vogel Unit 4 successfully achieved commercial operation. Units 3 and 4 are now delivering more than 2,200 megawatts of reliable 24-7 carbon-free energy and are designed to do so for decades to come. With all four units operational, the Vogel site is now the largest generator of clean energy in the country. I cannot be prouder of our team's perseverance and commitment to getting Vogel Units 3 and 4 completed with the standard of quality clearly demonstrated by Unit 3's performance since it reached in service last July. Along with our own team, Success on this historic project required the hard work and dedication of tens of thousands of American craft workers and engineers, a committed group of co-owners and regulators who had the courage to support new nuclear when others did not. While it was not our mission when we embarked on this project, and while it was at times an arduous journey, we have proven that new nuclear is achievable in the United States. With ever-increasing demands for carbon-free energy and the burgeoning demand for reliable 24-7 energy to support our digital economy and society, we believe our country will need more nuclear energy. So the importance of this project for Georgia and our nation cannot be understated. This is what history, this is what making history looks like. These are the first new nuclear units built from the ground up here in the United States in over 30 years. And we are proud to be the company that saw it through. Dan, I'll now turn the call over to you for a financial update.

Disclaimer

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