Oglethorpe Power Corporation
Oglethorpe Power Board Supports Completing Plant Vogtle Units 3 and 4

September 1, 2017

The Oglethorpe Power Corporation Board of Directors determined this week (8/31) that it is in the best interest of the corporation to support Georgia Power Company, acting as the agent for the co-owners of Vogtle Units No. 3 and No. 4, and to proceed towards completion of the Vogtle Project.

"We believe we must take a long term view and recognize the benefits of fuel diversity and the price stability of emission-free nuclear power over the next 60 to 80 years," Mike Smith, president and CEO, stated, "especially when considering the risks of carbon-based fuel volatility and the potential for carbon regulation."

Oglethorpe Power owns a 30 percent share of Vogtle Units No. 3 and No. 4.

Oglethorpe Power is one of the nation's largest power supply cooperatives with more than $10 billion in assets, serving 38 Electric Membership Corporations which, collectively, provide electricity to approximately 4.1 million Georgia residents.

For more information:

Oglethorpe Power Corporation

2100 E Exchange Pl
Tucker, Georgia
United States, 30085-1349
Tel: 770-270-7600

Greg Jones
Oglethorpe Power Corporation
Tel: 770-270-7890
Fax: 770-270-7560

Link http://electricenergyonline.com/detail_news.php?ID=653374
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