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Southern won't seek US loan aid for Miss. plant

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JACKSON, Miss. (AP) — The Southern Co. has withdrawn plans to seek a federal loan guarantee for the power plant its subsidiary, Mississippi Power Co., is building in Kemper County. A spokesman for Atlanta-based Southern said Mississippi Power can borrow money elsewhere at a lower rate than available under the loan from the U.S. Department of Energy. "Mississippi Power has secured financing at a...

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