Georgia Power Co, founded in 1902 and headquartered in Atlanta, Georgia, serves as the largest electric utility in the Southeast, providing reliable electricity to over 2.5 million customers. The company is primarily engaged in the generation, transmission, and distribution of electricity, with a diverse energy portfolio that includes nuclear, natural gas, coal, and renewable energy sources.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Georgia Power Co has a long history of bond issuance to finance its capital projects and operational needs, beginning its significant bond operations in the early 20th century. Notable recent issuances include a $1 billion green bond in 2020 to support renewable energy projects, reflecting a growing commitment to sustainability. As of 2023, Georgia Power's current bond yields remain competitive within the utility sector, often appealing to income-focused investors, and the bonds typically feature call options, allowing for early redemption under certain conditions.