Calendar of Events

Aug 04, 2014 to Aug 15, 2014 | Michigan State University, East Lansing, MI
Aug 11, 2014 to Aug 12, 2014 | New York, NY
Sep 08, 2014 to Sep 10, 2014 | Chicago, IL

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Public Utilities Reports

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Georgia Power, DOE Finalize Vogtle Nuclear Project Loan Guarantees

Georgia Power secured approximately $3.46 billion in loan guarantees from the U.S. Department of Energy (DOE) toward the construction of the Plant Vogtle units 3 and 4 nuclear expansion project. The project is the first U.S. nuclear project to receive funding through the DOE program. Along with Georgia Power's portion of the two 1,100-MW reactors, the remaining ownership is split among Oglethorpe Power, the Municipal Electric Authority of Georgia (MEAG Power) and Dalton Utilities. Georgia Power's share of costs is currently projected at approximately $6.8 billion, which includes approximately $2 billion of financing costs to be collected during construction.

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