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SOUTHERN COMPANY COMPLETES PURCHASE OF INTEREST IN BAHAMAS UTILITY

 ATLANTA, April 30 /PRNewswire/ -- Southern Electric International Inc. has completed, on behalf of its parent, The Southern Company (NYSE: SO), the previously announced purchase of 50 percent of Freeport Power Co. and has named Ken Rosanski president and chief executive officer of the utility, Southern Electric President Tom Boren announced today.
 Freeport Power provides electricity to about 40,000 residents on the Island of Grand Bahama. Grand Bahama is the fourth-largest island in the Commonwealth of the Bahamas, located some 60 miles east of Palm Beach, Fla.
 Southern Electric reached an agreement in September 1992 to purchase 50 percent of Freeport Power and assume management control of the utility.
 Southern Electric, a subsidiary of The Southern Company, designs, builds, owns, and operates power production facilities and provides a broad range of technical 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.
 Rosanski previously served as manager, government institutions, in Georgia Power's marketing division. Rosanski joined Georgia Power in 1983 in the company's radiological health and safety area. Since joining the company, he has served in a number of engineering and management positions.
 In his most recent assignment, Rosanski was responsible for serving the electric power needs of such major customers as federal and state government facilities, military installations, water utilities, and universities.
 As president of Freeport Power, Rosanski will manage the utility's generation facilities, consisting of three oil-fired steam units and two combustion turbines with a total capacity of about 107 megawatts. He also will manage Freeport Power's transmission and distribution network and the company's business activities.
 In addition, Michael Moss of Freeport Power has been promoted to the position of general manager.
 "Freeport Power's systems are capable of supporting considerable growth," Boren said. "I'm excited about the opportunity to join the Freeport business community and to partner with them in pursuing economic development in Freeport.
 "Ken Rosanski brings the experience and management skills that will enable Freeport Power to be a leading force in the economic development of the Freeport region," he said.
 -0- 4/30/93
 /CONTACT: David Mould of The Southern Company, 404-455-1077/
 (SO)


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


CF-BR -- AT009 -- 3300 04/30/93 14:40 EDT
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Publication:PR Newswire
Date:Apr 30, 1993
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