Attached files

file filename
8-K - 8-K - SOUTHERN POWER COsopower8-k2013a7x13.htm
EX-12.1 - EXHIBIT - SOUTHERN POWER COex12-1sopower3312013.htm
EX-4.4 - EXHIBIT - SOUTHERN POWER COsopowerex4-48xk2013a7x13.htm
EX-1.2 - EXHIBIT - SOUTHERN POWER COsopowerex1-28xk2013a7x13.htm


Exhibit 5.1
 
TROUTMAN SANDERS LLP
Attorneys at Law
Bank of America Plaza
600 Peachtree Street, NE
Suite 5200
Atlanta, Georgia 30308-2216
404.885.3000 telephone
404.885.3900 facsimile
troutmansanders.com

July 16, 2013


Southern Power Company
30 Ivan Allen Jr. Boulevard
Atlanta, Georgia 30308

Re: Registration Statement on Form S-3

Ladies and Gentlemen:

We have acted as counsel to Southern Power Company (the “Company”) in connection with the Registration Statement on Form S-3 (Registration Statement No. 333-184850) filed with the Securities and Exchange Commission (the “Commission”) on November 9, 2012 and declared effective by the Commission on November 21, 2012 (the “Registration Statement”), under the Securities Act of 1933, as amended (the “Act”), relating to $300,000,000 aggregate principal amount of the Company's Series 2013A 5.25% Senior Notes due July 15, 2043 (the “Notes”). The Notes will be issued pursuant to the Senior Note Indenture dated as of June 1, 2002 between the Company and The Bank of New York Mellon (formerly known as The Bank of New York), as trustee (the “Trustee”), as heretofore supplemented and as further supplemented by a Fifth Supplemental Indenture dated as of July 16, 2013 (collectively, the “Indenture”).
We have examined the Registration Statement and the Indenture, which has been filed with the Commission as an exhibit to the Registration Statement. We have also examined the originals, or duplicates or certified or conformed copies, of such records, agreements, instruments and other documents and have made such other and further investigations as we have deemed relevant and necessary in connection with the opinions expressed herein. As to questions of fact material to this opinion, we have relied upon certificates of public officials and of officers and representatives of the Company.
In rendering the opinions set forth below, we have assumed the genuineness of all signatures, the legal capacity of natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as duplicates or certified or conformed copies and the authenticity of the originals of such latter documents. We have also assumed that the Indenture is the valid and legally binding obligation of the Trustee.


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Southern Power Company
July 16, 2013
Page 2



Based upon the foregoing, and subject to the qualifications and limitations stated herein, we are of the opinion that the Notes are valid, binding and legal obligations of the Company, except as may be limited or otherwise affected by bankruptcy, insolvency, reorganization, moratorium and other similar laws relating to or affecting creditors' rights generally and to general principles of equity, whether considered in a proceeding at law or in equity. In rendering the foregoing opinion, with respect to matters of New York law, we have relied on the opinion of Hunton & Williams LLP attached hereto as Annex I.

The attorneys in this firm that are rendering this opinion are members of the State Bar of Georgia and we do not express any opinion herein concerning any law other than the General Corporation Law of the State of Delaware, the federal law of the United States and, to the extent set forth herein, the law of the State of New York.

We hereby consent to the filing of this opinion with the Commission as an exhibit to the Registration Statement and to the statements with respect to our name under the heading “Legal Matters” in the prospectus forming part of the Registration Statement. In giving the foregoing consent, we do not hereby admit that we come within the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission thereunder. This opinion may not be relied upon, furnished or quoted by you for any other purpose, without our prior written consent.

Very truly yours,

/s/ Troutman Sanders LLP

Troutman Sanders LLP










Annex I
Hunton & Williams LLP
200 Park Avenue
New York, NY 10166-0005


Tel 212 309 1000
Fax 212 309 1100


 
File No:: 79444.000003
July 16, 2013


Troutman Sanders LLP
600 Peachtree Street, N.E.
Suite 5200
Atlanta, Georgia 30308


RE:    Registration Statement on Form S-3

Ladies and Gentlemen:

We have acted as counsel to the underwriters in connection with the Registration Statement on Form S-3 (Registration Statement No. 333-184850) (the “Registration Statement”) relating to $300,000,000 aggregate principal amount of Southern Power Company's (the “Company”) Series 2013A 5.25% Senior Notes due July 15, 2043 (the “Notes”). The Notes will be issued pursuant to the Senior Note Indenture dated as of June 1, 2002 between the Company and The Bank of New York Mellon (formerly known as The Bank of New York), as trustee (the “Trustee”), as heretofore supplemented and as further supplemented by a Fifth Supplemental Indenture dated as of July 16, 2013 (collectively, the “Indenture”).

We have examined the Registration Statement and the Indenture, which has been filed with the Securities and Exchange Commission (the “Commission”) as an exhibit to the Registration Statement. We have also examined the originals, or duplicates or certified or conformed copies, of such records, agreements, instruments and other documents and have made such other and further investigations as we have deemed relevant and necessary in connection with the opinions expressed herein. As to questions of fact material to this opinion, we have relied upon certificates of public officials and of officers and representatives of the Company.

In rendering the opinions set forth below, we have assumed the genuineness of all signatures, the legal capacity of natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as duplicates or certified or conformed copies and the authenticity of the originals of such latter documents. We have also assumed that the Indenture is the valid and legally binding obligation of the Trustee.

Based upon the foregoing, and subject to the qualifications and limitations stated herein, we are of the opinion that the Notes are valid, binding and legal obligations of the Company, except as

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www.hunton.com





Troutman Sanders LLP
July 16, 2013
Page 2

may be limited or otherwise affected by bankruptcy, insolvency, reorganization, moratorium and other similar laws relating to or affecting creditors' rights generally and to general principles of equity, whether considered in a proceeding at law or in equity.

We do not express any opinion concerning any law other than the law of the State of New York.

This opinion is furnished for your benefit in connection with your rendering an opinion to the Company to be filed as Exhibit 5.1 to the Registration Statement and we hereby consent to your attaching this opinion as an annex to such opinion. This opinion may not be relied upon by you for any other purpose, or quoted to or relied upon by any other person, firm or entity for any purpose, without our prior written consent. In giving our consent to your attaching this opinion to the opinion being rendered by you, we do not hereby admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended, or the rules and regulations of the Commission thereunder.

Very truly yours,


/s/ Hunton & Williams LLP