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Posted inMaria's Metro

President Obama’s urban agenda and what it means for metro Atlanta and Georgia

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After years of being on the outs, cities now believe they have a friend in the White House.

“In some ways, we have elected our first urban president,” said Georgia Sen. David Adelman, who chairs the state Senate’s urban affairs committee.

President Barack Obama has spent most of life in cities — Honolulu, Jakarta, Los Angeles, New York, Boston and Chicago.

“He has embraced his urban roots,” added Adelman, citing the fact that in his first couple of months in office, Obama established the Office of Urban Affairs. And the top leaders in his administration are “people who have direct experience

Posted inLatest News

Georgia research leaders hope to stall future bills on stem cell restrictions

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Georgia Research Alliance finds itself in a delicate spot when the issue of restricting stem cell research arises at the state legislature.

This past year, a bill restricting research was held in committee, a perfect place for it to stay for those who are responsible for nurturing Georgia’s bioscience industry.

But what if the issue re-emerges next year (as many on the board believe it will)?

Emory University President Jim Wagner brought up that question at

Posted inLatest News

CARE President Helene Gayle receives prestigious Ivan Allen Jr. award from Georgia Tech

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Former Atlanta Mayor Ivan Allen Jr. would have been proud to have Dr. Helene Gayle receive this year’s Ivan Allen Jr. Prize for Progress and Service from Georgia Tech’s Ivan Allen College.

That’s what members of the Allen family said on March 12 after hearing Dr. Gayle, president and CEO of Atlanta-based CARE USA, speak at a lunch in her honor.

Posted inColumns

Leadership in Atlanta continues to change and evolve

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In the 1960s, a small group of about a dozen white businessmen held a tight grip on power in Atlanta.

That group included Robert Woodruff of the Coca-Cola Co., the top Atlanta bankers of the day – Mills B. Lane of Citizens & Southern; Billy Sterne from Trust Company Bank; James D. Robinson Jr. of First National Bank; Jack Tarver of the Atlanta Journal and the Atlanta Constitution; Atlanta Mayor Ivan Allen Jr. (who ran the office supply business started by his father); Larry Gellerstedt Jr. of Beers Construction; the top executives of Southern Bell, Georgia Power, Atlanta Gas Light among others.

Posted inLatest News

Southern Co. decides to move forward on Plant Vogtle project

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Atlanta-based Southern Co. has decided to push forward with completion of an over-budget, behind-schedule nuclear expansion at Plant Vogtle rather than give up on what has ballooned into a $25.2 billion project.

Southern affiliate Georgia Power Co. filed a recommendation Thursday with the state Public Service Commission (PSC) to continue construction at the nuclear plant south of Augusta, Ga. The project’s co-owners, Oglethorpe Power, MEAG Power and Dalton Utilities all supported the recommendation, Paul Bowers, chairman, president and CEO of Georgia Power told Atlanta Business Chronicle in an exclusive interview minutes after the announcement.

Posted inLatest News

Hero or villain of Plant Vogtle could be billionaire pioneer of high risk junk bonds

by David Pendered

The hero or villain of the effort to save Plant Vogtle could prove to be the head of a private equity firm who pioneered junk bonds and was nearly scuttled in 1990. Georgia Power protested terms of the loan deal, but a New York judge provided some protection and last week ordered that the entire $800 million in loan funds should flow.

Posted inLatest News

All electricity used in Atlanta to be generated from renewables by 2035, says Atlanta City Council

by David Pendered

Editor’s note: This story has been updated to reflect new language about Georgia Power’s posture on renewable energy. // The Atlanta City Council has resolved that all the electricity used in the city shall be generated through renewable resources by 2035. Advocates said the victory sets the stage for a push to bring the issue of clean energy for transportation into this year’s city elections.

Posted inATL Business Chronicle

Column: Cox’s John Dyer takes helm of Atlanta Committee for Progress

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By Maria Saporta
As published in the Atlanta Business Chronicle on De. 9, 2016

The highly influential Atlanta Committee for Progress has a new chairman – John Dyer, president and CEO of Cox Enterprises and a 38-year veteran of the privately-held company.

Dyer is succeeding Paul Bowers, president and CEO of the Georgia Power Co., who chaired his last ACP meeting on Dec. 1.

The organization, which includes many of the top business leaders in metro Atlanta, was formed to serve as a high-powered kitchen cabinet for former Mayor Shirley Franklin, and the ACP was embraced by Mayor Kasim Reed during his administration.

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Mayor Kasim Reed attends ACP meeting by video-conference from D.C.

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The Atlanta Committee for Progress, the high-level board of business and civic leaders convened by Mayor Kasim Reed, had its best turnout ever Friday morning – even though the mayor couldn’t be there in person.

Instead, Reed, who is in Washington, D.C. for a meeting on the TransPacific Partnership with President Barack Obama, was video-conferenced into the meeting thanks to the facilities at the Washington, D.C. City Hall and Georgia Power’s headquarters in Atlanta.

Posted inATL Business Chronicle

Column: Paul Bowers, Larry Gellerstedt named to JA Atlanta Business Hall of Fame

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By Maria Saporta
As published in the Atlanta Business Chronicle on November 20, 2015

Junior Achievement of Georgia and Atlanta Business Chronicle have selected Paul Bowers, president and CEO of Georgia Power, and Larry Gellerstedt III, president and CEO of Cousins Properties, to be inducted into the JA Atlanta Business Hall of Fame on Feb. 27, 2016.

Bowers and Gellerstedt will join the list of 87 Atlantans recognized for their significant contributions to Atlanta’s civic and economic vibrancy.

The JA Atlanta Business Hall of Fame, a black-tie gala to benefit JA of Georgia, was established in 1989 to honor dynamic business and civic leaders who have shaped Atlanta into the city it is today.

Posted inATL Business Chronicle

Column: CEO: AGL will remain major corporate citizen after Southern deal

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By Maria Saporta
As published in the Atlanta Business Chronicle on August 28, 2015.

When it comes to civic involvement, the Atlanta community should not be overly concerned about Southern Co.’s proposed $12 billion acquisition of AGL Resources.

AGL CEO John W. Somerhalder, in an interview on Aug. 25, said AGL will continue to be a stand-alone unit with its own management team and board. And he said if one wants to look at how AGL will operate in the future as a Southern Co. subsidiary, all you have to do is look at the Georgia Power model.

Posted inATL Business Chronicle

Column: Zoo Atlanta gets one of its largest-ever individual donations

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By Maria Saporta
Published in the Atlanta Business Chronicle on May 15, 2015

In an unexpected gesture of generosity, David and Cecilia Ratcliffe have made a $1 million gift to Zoo Atlanta capital campaign – one of the largest donations it has ever received from an individual donor.

Ratcliffe, retired CEO of Southern Co., is serving as one of the three co-chairs of the “A Grand New View for Zoo Atlanta: Elephants, Events and Expansion” campaign along with Paul Bowers, CEO of Georgia Power, and Jim Hannan, CEO of Georgia-Pacific.

“When my wife and I looked at the project, it is one of the largest transitions in the zoo’s history,” Ratcliffe said about his gift.

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