“This plan, which is consistent with our updated capital investment plans and the potential capital investment opportunities we’ve highlighted, continues to assume no equity need over our five-year plan horizon.”

In context

“ion in 2023 and $750 million annually for the remainder of the forecast. Again, these allocations of capital are not included in our base capital forecasts. In aggregate, our financial plan is anchored to our base capital forecast of $41 billion, and we believe upside potential exists in our state-regulated utility forecasts and our Southern Power allocation, representing spending of over $44 billion as part of our strategy to sustainably drive long-term growth in earnings and dividends. We also believe many of the same drivers for additional potential investment over the next five years could translate to investment opportunities beyond 2026 as we continue on our journey to net zero. And finally, we’ve included an updated three-year financing plan in the appendix to our slide deck today. This plan, which is consistent with our updated capital investment plans and the potential capital investment opportunities we’ve highlighted, continues to assume no equity need over our five-year plan horizon. Credit quality and strong investment-grade credit ratings remains a top priority. The expected improvement in our consolidated FFO to debt metrics equates to 200 to 300 -- a 200 to 300 basis-point increase from 2021 to 2022 levels by 2024. We’ve included a slide in the appendix to highlight some of the drivers for this expected improvement. Combined with the expected reduction in construction risk over the next 12 to 18 months, we believe we are well positioned to support our credit quality objectives. Tom, I’ll turn the call back over to you. Tom Fanning: Thanks, Dan. Southern Company strives to deliver superior risk-adjusted total shareholder returns, and I believe the plan that we’ve laid out supports that objective. Our customer and community-focused business model, our growing invest”