Contact Us 478-218-2189 info@southerninvestmentsllc.com Navigate About Land For Sale Equipment For Sale Contact Were always looking ahead, and our innovations in the industryfrom new nuclear to deployment of electric transportation and renewables help brighten the lives and businesses of millions of customers nationwide. An investment recovery program is a group of projects with a plan of action aimed at accomplishing the following business objectives: appraisals, closures, demolition, sales, transfers, and waste stream management. It also includes assessing the condition of the asset and determining if it can still be used productively. Southern Company. With respect to hourly non-firm transactions (i.e., the product sold in the HAE auction), both buyer and seller will have been deemed to have met their obligations with respect to delivery and receipt once the tag is implemented. Through our PGA TOUR partnership, over $40 million has been donated in our communities to fund education, wellness programs & neighborhood revitalization. Sign in to get started bidding on one of our online/timed auctions using Proxibid. Phase II Training Tools (Effective Jan 4, 2010). Southern Company. | Contact Us. Participants wishing to participate as sellers must set up Counterparty Authorizations. While Atlanta is our home, we bring energy to homes and businesses across the country. This field is for validation purposes and should be left unchanged. In these cases, the asset will need to be disposed. Tool Box (2544967) Mesa Az. This limit within the software will be synchronized to the company's official credit limit, as maintained by Southern Company, on a regular basis (numerous times daily). Weve made our name as a leading producer of clean, safe, reliable and affordable energy, and we approach each day as a vital step in building the future of energy. Copyright 2023 JJ Kane and/or its affiliates., All Rights Reserved. We are developing and deploying resilient, sustainable and economical energy solutions you can depend on no matter the storm. For recallable energy and hourly transactions in which Southern Company is the seller and the buyer does not properly take delivery of the purchased energy, Southern Company will buy back the energy at 90 percent of the transaction price. This list only includes the pending applications where the business is allowed to conduct business while they are waiting to be approved or denied. The bid period for these two auctions will open at 12:00 p.m., two days prior to delivery and will close at 6:30 a.m., one day prior to the delivery day. Dont miss out and sign up for email updates. Within the Auction System, "Web Services" are available to facilitate automated uploading and downloading of various data. Contact Information. Long Description: Kilowatt Korner sale, we are selling the Kilowatt Korner items in the Investment Recovery Offices on Mondays, Wednesdays, and Fridays 8am-3pm during the month of October. Good afternoon. Please click herefor more information. User fees and transaction fees per Annex C of the Participant Agreement will be invoiced by and payable to the IAA on a monthly basis so long as the balance owed is at least $100.00 or such amount has been owed for longer than 6 months. Southern Company is committed to transparent disclosure of our sustainability initiatives. Phone: +1 989 638 8173. Please take a moment to complete the questions below. Alabama Power Company | | | | Other >> Utility. The Southern Auction Administrator cannot access third-party data, except upon express permission of the Independent Auction Monitor (IAM). If the equipment is made of a valuable metal and does not contain hazardous materials, it would likely have significant value based on the value of the metals. On Oct. 17, 2008, Southern Company filed with the Federal Energy Regulatory Commission (FERC) amendments to its Market-Based Rate Tariff to incorporate a must-offer, energy auction. Third, there are very real storage costs for holding and storing equipment and materials. The outcome of each of these two auctions will include an auction clearing price, expressed in $/MWH, and a list of indicative "transactions" (i.e., sellers and buyers matched at the auction clearing price). Use constitutes acceptance of General Website Terms and Conditions. We value your feedback and look forward to hearing from you. Auction Participants can download the necessary registration documents from theAuction Registration Processsection of the Energy Auction website. Tool Or File Cabinet (2544968) Mesa Az. October 27, 2022. If Southern Company is not the tag author, the energy coordinator or hourly scheduler will contact the tag author and request that entity to initiate a tag market adjustment. Email: support@transervinternational.net. By placing successive competitive bids, the price is increases until the auction ends. At Southern Company, our total rewards play an important part in who we are as a company and how we attract, engage and retain the best talent. The counterparty must terminate its buy-through for the remainder of the schedule. We value your feedback and look forward to hearing from you. Joint Venture II, A Limited Partnership, Debt Recovery Attorneys, A Professional Corporation. Auction Categories. If you experience any issues with this process, please contact us for further assistance. Employees routinely work under conditions that require exceptional safety measures and awareness. Safety is a core value throughout the Southern Company system. Nevertheless, an effective donation can provide great benefits to the donating organization. Southern Wholesale Energy markets the retail operating companies' surplus generating capacity to the wholesale market. . It is helpful to have the information from these processes located in one place. Manage your information, view past sales history and much more. Some companies also use outsourcers to sell assets or equipment. The purpose of the energy auction is to resolve perceptions that Southern Company could exercise horizontal market power through the physical or economic withholding of generation. However, in order for these processes to be effective, the company must have some basic procedures and systems in place to manage these processes and help make them successful. Redeploying an asset to another part of an organization removes an asset from the idle category and also saves the organization money by eliminating the need to purchase a new asset at current market rates. Southern's adjusted EPS payout ratio of 78.2% during 2020 is a slight improvement over the adjusted EPS payout ratio of 79.1% during 2019. When identifying an asset, it is important to obtain as many details about the asset as possible. For detailed information regarding the rules and regulatory framework of the Southern Company Energy Auction, please seeAuction Rules and Compliance. Investment Recovery Southern Company $40,000 Jobs, Employment | Indeed.com Date Posted Remote $40,000+ Job Type Location Company Posted By Experience Level Education Upload your resume - Let employers find you Investment Recovery Southern Company $40,000 jobs Sort by: relevance - date 26 jobs OB/GYN - Rincon Hospital Tucson Medical Center 3.6 If the auction software does not assign the scheduling source, then the scheduling source will be provided by the seller so as to allow timely submission of the NERC tag. As revised, the Hour-Ahead Auction will now open 85 minutes prior to the beginning of the Delivery Hour and close 70 minutes prior to the beginning of the Delivery Hour. Weve made our name as a leading producer of clean, safe, reliable and affordable energy, and we approach each day as a vital step in building the future of energy. Search in item name and keyword list. Southern Company commits to promote an actively anti-racist culture and to ensure that all groups are well-represented, included and fairly treated within all levels of the organization. Recallable energy transaction shall not be booked out with a firm-LD transaction unless otherwise agreed to by the buyer and seller. Email: shareholderservices@southernco.com. Auctions can be conducted off line in an oral outcry format, or can be conducted on line in an automated format. Offers also must indicate whether the offer block can be partially cleared or must be cleared "full" (i.e., all or nothing). Universal Component Lender Services, Inc. Waggoman & Smith, A Professional Law Corporation, McKinley Hills, Fort Bonifacio, Taguig City, Winn Law Group, a Professional Corporation. Private sales are usually appropriate for more sensitive assets or branded inventory. Find out more about our simultaneous day-ahead energy auctions. Share your feedback. On October 17, 2008, Southern Company filed amendments to its Market-Based Rate Tariff with the Federal Energy Regulatory Commission (FERC) to incorporate a must-offer, bid-based energy auction. There will be an hour-ahead energy auction each hour of the day, 24 hours a day, seven days a week, including NERC holidays. As we work to understand the best ways forward, we will continue bold and honest discussions within our company. Seller Participants have the option to set up resource plans so that scheduling sources are automatically provided when a transaction match is created. var xmlhttp0POST = '{"ProfileIDsCSV" : "' + profileidcsv + '","ListingIDsCSV" : "' + listingidcsv + '","ReferralType" : "' + referraltype + '","FileName" : "' + filename + '","AFT" : "' + AFT + '"}';
The governing terms and conditions are set forth in Southern Company's Market-Based Rate Tariff, which is on file with FERC and accessible at www.ferc.gov. Terms and Conditions
Despite a 4.9% YoY decline in total revenues from 2019 to . Optimum Professional Property Management Inc. In addition, a successful divestment provides a significant (and often unexpected boost) to the organization's bottom line. Another way to sell an item is to consign it to a third party and have that third party sell the item. In some circumstances, an asset can not be reused or sold to another party. Every day at Southern Company, we put into motion our vision for the future of energy. The sections below will elaborate on divestment options like asset sales, scrapping / recycling an asset, donating an asset, and asset disposals. At The Southern Company, we promise to treat your data with respect and will not share your information with any third party. To determine whether were the right choice for your client, drop us a note. If you want to experience the southern way, please contact us below. If the upstream product is nonfarm, loss of supply would be considered a failure to deliver. Information about Phase I of the Energy Auction. Southern Company commits to promote an actively anti-racist culture and to ensure that all groups are well-represented, included and fairly treated within all levels of the organization. Participants may submit offers to sell or bids to purchase into either or both of these day-ahead auctions. ATLANTA, Feb. 17, 2022 /PRNewswire/ -- Southern Company today reported a fourth-quarter 2021 loss of $215 million, or 20 cents per share, compared with earnings of $387 million, or 37 cents per. July 28, 2022. The auction participants may use their existing certificates or may obtain them directly from OATI. Weighted Average Hour-Ahead Transaction Prices, Constructive Regulation and Public Policy. If such transactions must be curtailed for reliability, the fleet coordinator shall instruct the energy coordinator (Hourly Trading) how many MWs to curtail and when to curtail them (e.g., 400 MWs beginning HE 12). When total fees exceed the threshold or time limit, the IAA will provide Participant with an invoice that states the amount owed by Participant, which will be due and payable in accordance with invoice instructions on or before the tenth (10th) day after receipt of the invoice or if such day is not a business day then on the next business day. Sign up for an account. In the webMarket system, this is referred to as "Match Blocking", and it disables Trading with counterparties for which Seller Participants specify. This auction will be for one-megawatt increments of non-firm energy for delivery "into Southern" in the upcoming hour. The new bid/offer spread calculator will be operational beginning with the change in the Hour-Ahead Bid Period on February 23, 2017. Utility . Building the future of energy is a big mission, and were honored to take it on. Participation in the auction as either a buyer or a seller is open to any entity that is qualified to transact in the wholesale markets of the Southern Balancing Authority Area. You can sign up for additional alert options at any time. Still other assets may be attached to a property or can be part of a plant and may need to be removed in order to be disposed. reliable and affordable energy to our customers. We recognize the value our investors and stakeholders place on transparency. At The Southern Company, we promise to treat your data with respect and will not share your information with any third party. It is important that such programs are designed to accomplish the strategic business objectives set forth in the program charter. FERNS, ADAMS & ASSOCIATES, A PROFESSIONAL CORPORATION, American Bureau of Credit Control; Creditors Specialty Services; FIDELITY CREDITOR SERVICE; Fidelity Creditor Service, Inc.; Fidelity Information Corporation; Gess and Associates; Metropolitan Adjustment Bureau, Goldsmith & Hull, A Professional Corporation, GreenSky Loan Services; GreenSky Patient Solutions; Home Depot Loan Services; The Home Depot Loan Services, Med-Plan Services, LTD; The Bridge System; The Hauge Group, Healthcare Collections LTD, Limited Liability Company, INCLINE CONSULTANTS ASSOCIATION MANAGEMENT, LLC, BAKERSFIELD CREDIT CONTROL SERVICE; BCCS; BUSINESS CREDIT CONTROL SERVICE; MDAB; MEDICO-DENTAL ADJUSTMENT BUREAU, LAW OFFICES OF KENNETH J. In a negotiated sale, the investment recovery professional negotiates with a group of buyers to find out which one of them will pay the most. For an independent power producer, recallable energy is equivalent to a unit contingent transaction. Once an auction participant has entered a bid, that bid may be changed at any point during the auction period (e.g., changing previously submitted bid blocks, adding or removing bid blocks, or removing the entire bid). Its that understanding, combined with our expertise, that allows us to provide a full range of trust services and investment solutions, including non-traditional assets and business ventures. It can also involve taking pictures of the asset or following another standard asset cataloging procedures. Many consignment companies charge 10 to 15% of the sale price to conduct these specialized asset sales. Southern Company commits to promote an actively anti-racist culture and to ensure that all groups are well-represented, included and fairly treated within all levels of the organization. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Investment Recovery Sealy, TX 77474. The proposal was conditionally accepted by FERC on Dec. 18, 2008, and Southern Company filed their Compliance Filing accepting all conditions on Jan. 21, 2009. Southern Company is honored to be a preferred energy partner for the U.S. Department of Defense (DOD) and federal agencies across the country. Good Energy doesnt wait for the future it shapes the future with new ideas, new technologies and an unfaltering commitment to make things better all while building value for our customers and investors. This is a very real loss, but is often a loss that managers fail to account for. Hour-Ahead Price Posting System: In an effort to further enhance transparency in the hour-ahead market, an electronic bulletin board is being implemented that reflects the average price of both purchases and sales by Southern of the hour-ahead Into Southern product. Auction Information | Southern Company About Energy Auction Auction Information Auction Information The auction includes simultaneous day-ahead energy auctions for firm-LD energy and recallable energy, along with an hour-ahead energy auction for non-firm energy. Through our PGA TOUR partnership, over $40 million has been donated in our communities to fund education, wellness programs & neighborhood revitalization. Transactions equaling this amount of energy shall be curtailed for the remainder of the schedule in accordance with the curtailment priority established by the webMarket software. Southern Companys electric operating company Georgia Power is currently building the first new nuclear units in the United States in the last three decades. At Southern Company, our total rewards play an important part in who we are as a company and how we attract, engage and retain the best talent. The bid period will open at 75 minutes prior to the delivery hour and will close at 60 minutes prior to the delivery hour. The best method is the method that provides the highest value / benefit for the organization, has the lowest divestment costs, and still complies with the organization's divestment policies. As we work to understand the best ways forward, we will continue bold and honest discussions within our company. By providing your email address below, you are providing consent to The Southern Company to send you the requested Investor Email Alert updates. The charter should define scopes for machinery and equipment, vehicles, office furniture and MRO. Southern Company is honored to be a preferred energy partner for the U.S. Department of Defense (DOD) and federal agencies across the country. "JJ Kane Auctioneers" is a registered trademark of JJ Kane Associates, Inc. A NERC tag that is rejected by Southern Company because it contained a scheduling source other than that assigned via the auction software. Southern Companys electric operating company Georgia Power is currently building the first new nuclear units in the United States in the last three decades. You must click the activation link in order to complete your subscription. Employees routinely work under conditions that require exceptional safety measures and awareness. We believe in the importance of protecting critical infrastructure and Americas way of life. //xmlhttp0.open("POST", secureWebRoot + "/external/wcpages/v12/gateway/gateway.aspx?OutputType=json&Namespace=Weblink_Core&TypeName=WC_ReferralManager&MethodName=AddListingReferralEntries&FriendlyResponse=False&Async=True", true);
We believe in the importance of protecting critical infrastructure and Americas way of life. Southern Company reports third-quarter 2022 earnings. function recordReferralOnClick(profileidcsv, listingidcsv, referraltype) {
Click the following link forContact Information. Through our PGA TOUR partnership, over $40 million has been donated in our communities to fund education, wellness programs & neighborhood revitalization. Most investment recovery professionals use this option quite frequently. For example, many electronics contain hazardous materials and need to undergo a special process in order to make them safe for landfills. However, in accordance with the limitations in the energy auction software, each auction participant company is limited to one bid per DAE auction and one bid per HAE auction. 14660 Chestnut St. Southern Company Surplus Equipment Auctions - JJ Kane Auctions Southern Company Surplus Equipment Auctions Used cars, trucks, utility and construction equipment from Southern Company's fleet are available for purchase by the general public in JJ Kane auctions throughout the year. The implementation of the Southern Company Energy Auction subsequently took place on April 23, 2009. If you are interested in purchasing surplus equipment or materials, or would simply like additional information, please contact us at the number below. Finally, if an idle asset is sold, it could provide an immediate cash benefit to the business. An offer contains any number of offer blocks. As we work to understand the best ways forward, we will continue bold and honest discussions within our company. The counterparties have the right to buy through the full curtailment at the HAE auction price for recallable energy transactions curtailed for non-reliability purposes. Investment Recovery Association Mailing Address PO Box 419264 Kansas City, MO 64141-9264. Southern Company system employees are inextricably woven into the communities we are privileged to serve. Sourcing & Procurement Guides Finally, reusing an asset at the new location should also produce a benefit that exceeds the cost of purchasing a new item. That's our vision. Transactions equaling this amount of energy shall be curtailed for the remainder of the schedule in accordance with the curtailment priority established by the webMarket software. Once the decision has been made to sell an asset, an investment recovery professional next needs to decide how to sell the asset. In the U.S. : +1 (816) 561.5323 Welcome to the surplus sales site of The Dow Chemical Company! You may enroll in the Plan through Internet Enrollment or by submitting a completed Account Authorization Form. In the event of a supply disruption that affects the available capacity offered into the DAE auction, the fleet coordinator (Real Time Operations) shall determine if recallable energy transactions must be curtailed for reliability. For all other shareholder inquiries, please contact Southern Company Shareholder Services. Use constitutes acceptance of General Website Terms and Conditions. The auction includes simultaneous day-ahead energy auctions for firm-LD energy and recallable energy, along with an hour-ahead energy auction for non-firm energy. For information regarding participating in the bid-based energy auction, please seeAuction Registration Process. The sealed bid process, while similar to an auction, involved taking one "last and best" offer from prospective buyers. There could be additional pending applications. Any actions taken through the use of Participant Passwords (except through the fault or negligence of the Auction Provider) whether or not such actions were authorized are binding on Participant. The price posting system will be operational beginning with the change in the Hour-Ahead Bid Period on February 23, 2017. The energy auction will supplement existing bi-lateral markets. Independent Monitoring of the Energy Auction. Please take a moment to complete the questions below. Steel Adjustable stands (2544957) Mesa Az. An investment recovery program is a group of projects with a plan of action aimed at accomplishing the following business objectives: appraisals, closures, demolition, sales, transfers, and waste stream management. Building the future of energy is a big mission, and were honored to take it on. Atlanta, GA 30308 (Old Fourth Ward area) John Portman Blvd & Courtland St. To learn more about how Columbia Trust Company can provide you with trust or investment management services tailored to your familys unique needs, drop us a note. As such, the seller would have the right to recall due to the loss or de-ration of that generating unit. The energy coordinator shall determine how many of the eligible MWs should be curtailed and what time the curtailment should begin. Bid blocks will be rejected where the bid price is lower than seller offer prices. As applicants are approved consumers can look up and verify our licensed servicers telephone number, email address, and website information through theNationwide Multistate Licensing System (NMLS)Consumer Access (www.nmlsconsumeraccess.org). The Phase IIParticipant Agreementmust be executed by all Participants, and the OATI Non Disclosure Agreement (Annex B of Participant Agreement) must be executed by those who did not execute during Phase I. Our values set us apart, and they make us who we are. Find documents and instructions to register for our auctions. Southern Company is excited to announce new changes to the Energy Auction. By providing your email address below, you are providing consent to The Southern Company to send you the requested Investor Email Alert updates. Synchrony Global Services Philippines, Inc. Synchrony International Services Private Limited. After submitting your request, you will receive an activation email to the requested email address. Participants may submit offers to sell or bids to purchase into this auction. For detailed information regarding the rules and regulatory framework of the Southern Company Energy Auction, please seeAuction Rules and Compliance. 2022 Moving to Equity report outlines Southern Companys commitment to DE&I, progress and actions taken to advance equity. Northwest families and non-profits since 1966. Employees routinely work under conditions that require exceptional safety measures and awareness. Below is a list of the Debt Collector Applicants that are allowed to continue to conduct business while their application is being reviewed. Fourth, idle equipment represents capital that is tied up and is not earning a return on investment. Finally, for some property and equipment, the services of a demolition company may be required. It will be the responsibility of the buyers and sellers to confirm and finalize the transaction in accordance with their own enabling agreements. While Atlanta is our home, we bring energy to homes and businesses across the country. Safety is a core value throughout the Southern Company system. Auctions are also appropriate when the value of an item is not known to the seller. Columbia Trust Company has been serving. Investment Recovery. Southern Company. Southern Companys electric operating company Georgia Power is currently building the first new nuclear units in the United States in the last three decades. Most of our sites are not the same domain. A bid contains any number of requested bid blocks. Building the future of energy is a big mission, and were honored to take it on. // Browser cannot post to SSL path unless it is the same domain. Ethiopian community development council, inc. Another important method of divestment is scrapping or recycling. Recallable energy transactions that are not fully delivered because they were recalled will be prorated based upon the actual MW delivered (i.e., neither party will be held responsible for the undelivered MW). For recallable energy and hourly transactions in which the seller is not Southern Company and the buyer does not properly take delivery of the purchased energy, buyer and seller will mutually agree to appropriate compensation. Collection Bureau of Fort Walton Beach, Inc. Collection Bureau of the Hudson Valley, Inc. Comcast California Collection Services, LLC, Commercial Industries Service Company Inc, Concentrix Daksh Services India Private Limited, Concentrix Daksh Services Philippines Corporation, Construction Credit and Finance Group, LLC. We value your feedback and look forward to hearing from you. Bid/Offer Spread: The criteria applicable to the posting of Energy Auction bid/offer spreads are being revised. Weighted Average Hour-Ahead Transaction Prices, Constructive Regulation and Public Policy, "Rules on Southern Companies' Energy Auction Participation. var secureWebRoot = "https://web.invrecovery.org";
Auctions work well when there are several buyers for an item. Were committed to supporting and improving our communities and environment. There are many ways to divest an asset. We've got everything from antiques and oddities to oil and heavy equipment!!! The hour-ahead energy auction will take place each hour of the day, 24 hours a day, seven days a week, including NERC holidays. As you may be aware, the Federal Energy Regulatory Commission (FERC) recently accepted a number of changes to the Energy Auction that Southern Company proposed in December of 2016. As per the Auction Rules, the buyer is responsible for ensuring that the scheduling source that appears on the NERC tag is the same as that assigned by the auction software. Weighted Average Hour-Ahead Transaction Prices, Constructive Regulation and Public Policy. There are a large number of other processes that fall under each of these areas. This can be a time consuming and lengthy process. In addition, IRG works closely with other Nestl North American facilities through Nestl Business Services (NBS), providing equipment offerings from all aspects of the Nestl businesses. Company Values. Southern Company has expanded our product offerings to provide energy that is clean, safe, reliable and affordable across the entire portfolio of energy sources. On October 17, 2008, Southern Company filed amendments to its Market-Based Rate Tariff with the Federal Energy Regulatory Commission (FERC) to incorporate a must-offer, bid-based energy auction. At Southern Company, our total rewards play an important part in who we are as a company and how we attract, engage and retain the best talent. Southern Company is excited to announce new changes to the Energy Auction and your interaction with it. To make a request to sell energy through the day-ahead energy (DAE) Auction or hour-ahead energy (HAE) Auction, auction participants must submit an offer in the appropriate auction. The Southern Investment Plan provides a convenient way to purchase shares of Southern Company common stock. The auction includes simultaneous day-ahead energy auctions for firm-LD energy and recallable energy, along with an hour-ahead energy auction for non-firm energy.
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