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The Southern Co. is a holding company which engages in the sale of electricity. It operates through the following segments: Traditional Electric Operating Companies, Southern Power and Southern Company Gas. The Traditional Electric Operating Companies segment refers to vertically-integrated utilities that own generation, transmission and distribution facilities and supplies electric services to the states of Alabama, Georgia, Florida and Mississippi. The Southern Power segment constructs, acquires, owns and manages generation assets such as renewable energy projects and sells electricity in the wholesale market. The Southern Company Gas segment distributes natural gas through natural gas distribution facilities in the states of Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee and Maryland. The company was founded in 1947 and is headquartered in Atlanta, GA.