Georgia Power Company $68,535,000 Tax-Exempt Bond Remarketing
Hunton & Williams LLP acted as counsel to SunTrust Robinson Humphrey, Inc. as the remarketing agent for the remarketing of $68,535,000 Development Authority of Burke County (Georgia) Pollution Control Revenue Bonds (Georgia Power Company Plant Vogtle Project), First Series 2008. The Bonds were originally issued to provide funds to refinance the acquisition, construction, installation and equipping of the interest of Georgia Power Company in certain air and water pollution control and sewage and solid waste disposal facilities located at the Vogtle steam electric generating plant in Burke County, Georgia. The Plant consists of two nuclear units in which Georgia Power Company owns a 45.7% undivided interest.
Georgia Power is a wholly owned subsidiary of The Southern Company. Georgia Power is engaged in the generation and purchase of electricity and the transmission, distribution and sale of such electricity within the State of Georgia at retail in over 600 communities (including Athens, Atlanta, Augusta, Columbus, Macon, Rome and Savannah), as well as in rural areas, and at wholesale currently to Oglethorpe Power Company, the Municipal Electric Authority of Georgia, Dalton Utilities, various electric membership corporations and non-affiliated utilities.
The Hunton & Williams LLP team included Bud Ellis and Patrick Jamieson. Chris Kulp provided tax advice.
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