Homeowners Face Eminent Domain Bulldozers As Data Centers Demand Ever More Power
1 min read
The story
Southern Company's Georgia Power unit is using eminent domain to seize dozens of homes and hundreds of easements to build a 35-mile 500kV transmission line feeding at least four major AI data centers in Georgia. This creates headline/regulatory risk for SO while simultaneously confirming the secular infrastructure buildout benefiting data center operators and power equipment suppliers.
The case — both sides
3 of 4 names have verified EOD history. The basket chart is hidden rather than showing illustrative data.Missing: QTS
The house read
Fade the eminent-domain headline on SO — consensus is already Hold-heavy, insider sold last 30d, and forced-infrastructure backlash adds rate-case risk; pair long data-center power-demand plays like EQIX instead.
Wrong ifIf the Georgia PSC fast-tracks SO's cost recovery or Congress preempts state-level eminent-domain challenges, the rate-case overhang dissolves and SO re-rates with its regulated-utility premium, squeezing the short leg hard.
Published read · research, not advice