June 25, 2017 1:20 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Oglethorpe Power Corp.

Company Overview

Oglethorpe Power Corporation operates as an electric cooperative in the United States. The company offers wholesale electric power to 38 retail electric distribution cooperative members. Its members are local consumer-owned distribution cooperatives that provide retail electric service on a not-for-profit basis to approximately 4.1 million residential, commercial, and industrial consumers. The company has interests in 31 generating units, fueled by nuclear, coal, gas, oil, and water, as well as operates and manages 6 gas-fired generating units on behalf of Smarr EMC. Its fleet of generating units totals 7,809 megawatts capacity, as well as 728 megawatts of Smarr EMC assets. Oglethorpe Power ...

2100 East Exchange Place

Tucker, GA 30084

United States

Founded in 1974

278 Employees



Key Executives for Oglethorpe Power Corp.

Chief Executive Officer and President
Age: 56
Chief Financial Officer and Executive Vice President
Age: 47
Chief Operating Officer and Executive Vice President
Age: 55
Executive Vice President of Member & External Relations
Age: 51
Senior Vice President and General Counsel
Age: 38
Compensation as of Fiscal Year 2016.

Oglethorpe Power Corp. Key Developments

Oglethorpe Power Corp., Q1 2017 Earnings Call, May 17, 2017

Oglethorpe Power Corp., Q1 2017 Earnings Call, May 17, 2017

Oglethorpe Power Corp., Q4 2016 Earnings Call, Apr 13, 2017

Oglethorpe Power Corp., Q4 2016 Earnings Call, Apr 13, 2017

Oglethorpe Mulls Acquisitions

Oglethorpe Power Corp. is looking for Acquisitions. The company which is on the verge of selling first mortgage bonds and unsecured debt securities to an aggregate principal amount of $500,000,000, intends to use the net proceeds to (i) finance or refinance capital expenditures related to the construction, acquisition, or enhancement of generation facilities to meet the current and future energy demands of our members and (ii) for general corporate purposes.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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