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Oglethorpe Power Corporation

Company Summary

Description

Oglethorpe Power is one of the nation's largest power supply cooperatives with more than $9.5 billion in assets serving 38 Electric Membership Corporations which, collectively, provide electricity to more than 4.2 million Georgia residents. A proponent of conscientious energy, development and use, OPC balances reliable and affordable energy with environmental responsibility and has an outstanding record of regulatory compliance. Its diverse energy portfolio includes natural gas, hydroelectric, coal and nuclear generating plants with a combined capacity of approximately 7,780* megawatts, as well as purchased power. OPC was established in 1974 and is owned by its 38 Member Systems. Its headquarters are in Tucker, Georgia, an Atlanta suburb.

Website

https://www.opc.com/default.aspx

Related Entities

Firm Transport Commitments

Project: Dalton Expansion
Firm Commitment: 208,000 Dth/d

Recent news

Company Transactions

Date: 6/30/2021
Type: Acquisition

DETAILS:

VOLUMES: 511 MW

NOTES:
Oglethorpe Power Corp. has entered into a deal with The Carlyle Group to acquire the 511 MW Effingham County Power Plant in Rincon, Georgia. Closing is targeted for the second quarter of 2021 and financial terms were not disclosed.
REGIONS:
  • Southeast