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SOUTHERN ELECTRIC INTERNATIONAL, INC. NAMES NEW OFFICERS

 ATLANTA, July 6 /PRNewswire/ -- Southern Electric International Inc. has named Karl Olsoni assistant treasurer and director of corporate finance and James Ward as assistant comptroller, Southern Electric President Tom Boren announced today.
 Southern Electric, a subsidiary of The Southern Company (NYSE: SO), designs, builds, owns, and operates power production facilities and provides a broad range of technical and consulting services to industrial companies and utilities in the U.S. and international markets.
 The Southern Company is also the parent firm of five electric utilities: Alabama Power, Georgia Power, Gulf Power, Mississippi Power, and Savannah Electric. Together, these companies make up one of the largest investor-owned electric utility groups in the United States.
 Olsoni, 35, joined The Southern Company in 1983. He also will continue to serve as manager of bulk power and project finance in the corporate finance department at Southern Company Services, the engineering and technical unit of The Southern Company. In this position, he oversees all finance support for Southern Electric projects as well as consulting with other system companies on independent power production issues.
 Olsoni's new assignment will expand his current responsibilities to reflect the increased scope of the project finance area for Southern Electric.
 Olsoni earned a bachelor's degree in economics from George Washington University and a master's degree in business administration- finance from the College of William and Mary.
 Ward, 40, joined The Southern Company in 1978. In his new assignment, Ward will be responsible from managing Southern Electric's accounting and tax functions. He most recently served as manager- capital management, at Southern Company Services, handling the planning and execution of financing for The Southern Company's electric utilities.
 Ward earned a bachelor's degree in accounting and a master's degree in business administration-accounting from Georgia State University. He holds a certified management accountant certification.
 -0- 7/6/93
 /CONTACT: David Mould of The Southern Company, 404-455-1077/
 (SO)


CO: Southern Electric International Inc.; The Southern Company ST: Georgia IN: UTI SU: PER

BR-RA -- AT006 -- 8717 07/06/93 14:56 EDT
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Publication:PR Newswire
Date:Jul 6, 1993
Words:334
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