Hunton Andrews Kurth Represents Remarketing Agents in Connection with Georgia Power Company’s Tax-Exempt Remarketings

Hunton Andrews Kurth LLP acted as counsel to J.P. Morgan Securities LLC, Truist Securities, Inc. and PNC Capital Markets LLC, as remarketing agents to the remarketing of $27 million of Development Authority of Burke County (Georgia) Pollution Control Revenue Bonds (Georgia Power Company Plant Vogtle Project), Fifth Series 1995 (the “Burke Bonds”), $38 million of Development Authority of Bartow County (Georgia) Pollution Control Revenue Bonds (Georgia Power Company Plant Bowen Project), First Series 1997 (the “Bartow Bonds”) and $40 million of Development Authority of Monroe County (Georgia) Pollution Control Revenue Bonds (Georgia Power Company Plant Scherer Project), First Series 2009 (the “Monroe Bonds”), respectively, (collectively, the “Bonds”).

The Burke Bonds were initially issued to refinance the acquisition, construction, installation and equipping of the interest of Georgia Power Company (“GPC”) in certain air and water pollution control and sewage and solid waste disposal facilities (the “Vogtle Project”). The Bartow Bonds were initially issued to provide funds to refinance the cost of the acquisition, construction, installation and equipping of certain air and water pollution control and sewage and solid waste disposal facilities (the “Bowen Project”) located at GPC’s Bowen steam electric generating plant. The Monroe Bonds were initially issued to provide funds to refinance the cost of the acquisition, construction, installation and equipping of certain air and water pollution control and sewage and solid waste disposal facilities (the “Scherer Project”) located at GPC’s Scherer steam electric generating plant.

GPC is a wholly owned subsidiary of The Southern Company. GPC is engaged in the generation, transmission, distribution, and purchase of electricity and the sale of electric service 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.  

The Hunton Andrews Kurth team included Peter K. O’Brien, Steven C. Friend, Patrick C. Jamieson and Michelle G. Chan.