Alabama Power

Alabama Power Company is an integrated utility based in Birmingham, Alabama, that generates, purchases, transmits, distributes, and sells electricity to residential, commercial, and industrial customers throughout the southern two-thirds of the state. Founded in 1906, the company generates electricity from a diverse mix of sources, including coal, nuclear, gas, oil, and hydroelectric plants. It serves retail customers in approximately 400 cities and towns, including major urban areas such as Birmingham, Montgomery, and Mobile, as well as rural communities. In addition to its retail operations, Alabama Power sells electricity wholesale to municipally-owned electric distribution systems. The company also offers electric appliances and outdoor lighting services, contributing to its comprehensive energy solutions for customers. Alabama Power is a subsidiary of The Southern Company.

Moses Feagin

CFO, Executive Vice President and Treasurer

Jeff Peoples

Chairman, President and CEO

1 past transactions

Condoit

Venture Round in 2023
Condoit is an electrical engineering software platform that serves electrical contractors, engineers, and facility managers by offering advanced design, analysis, and collaboration tools. The platform aims to enhance the efficiency and safety of professionals who install electric vehicle chargers and solar arrays. By streamlining processes, Condoit reduces the time and potential human errors associated with circuit analysis, particularly in short circuit and arc flash evaluations. Additionally, the software enables users to predict system failures before they occur, allowing engineers and facility owners to manage short circuits effectively and affordably.
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