The Municipal Electric Authority of Georgia (MEAG Power), founded in 1975, is headquartered in Atlanta, Georgia, and serves as a public power provider dedicated to the development and delivery of reliable, affordable electric services. MEAG Power primarily focuses on generating and distributing electricity to its member municipalities, enhancing their energy independence through innovative solutions and diverse energy resources.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MELPWR 6.64% 2057-04-01 USDMunicipal Electric Authority of Georgia | United States | 2057-04-01 | 6.637 | 5.79 |
| MELPWR 6.66% 2057-04-01 USDMunicipal Electric Authority of Georgia | United States | 2057-04-01 | 6.655 | 5.83 |
| MELPWR 7.06% 2057-04-01 USDMunicipal Electric Authority of Georgia | United States | 2057-04-01 | 7.055 | 5.81 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
MEAG Power has been an active player in the municipal bond market since its establishment, with significant bond issuances dating back to the late 1970s to finance various electric generation projects. In recent years, MEAG's bonds have typically offered competitive yields compared to industry standards, attracting retail investors looking for reliable fixed-income options. Notably, the authority has successfully issued bonds to support the Vogtle Electric Generating Plant, a critical project that has drawn attention for its scale and potential impact on Georgia's energy landscape.