Latest Southern Nuclear Stories
ATLANTA, June 18 /PRNewswire-FirstCall/ -- Southern Company Chairman, President and CEO David M. Ratcliffe today announced that the company's Georgia Power subsidiary has reached an agreement with the U.S. Department of Energy (DOE) to accept terms for a conditional commitment for loan guarantees. (Logo: http://photos.prnewswire.com/prnh/20080801/SOCOLOGO ) (Logo: http://www.newscom.com/cgi-bin/prnh/20080801/SOCOLOGO ) "This will provide Georgia Power customers significant savings," said...
ATLANTA, March 10 /PRNewswire/ -- Oglethorpe Power Corporation will construct a new 605-megawatt, natural-gas-powered "combined-cycle" generating facility in Georgia to help meet the growing energy needs of its members, the company announced today. The corporation recently received final approval from its member EMCs to proceed with the project. The facility, which represents a capital investment of about $750 million (including interest during construction), will use natural gas to...
ATLANTA, Feb. 16 /PRNewswire/ -- Oglethorpe Power Corporation has been notified by the U.S. Department of Energy (DOE) that it is being offered a conditional commitment for federal loan guarantees to help fund its participation in Units 3 and 4 of the Alvin W. Vogtle Nuclear Plant near Waynesboro, Ga. Oglethorpe Power is a 30 percent owner of Plant Vogtle's existing Units 1 and 2 and will own 30 percent of the two new units as well. The loan guarantee announcement was made by President...
ATLANTA, Feb. 16 /PRNewswire-FirstCall/ -- Southern Company today announced that the U.S. Department of Energy (DOE) has offered its subsidiary Georgia Power a conditional commitment for loan guarantees for the construction of the nation's first nuclear power units in more than 30 years, a move designed to help spur a renaissance in America's nuclear industry. (Logo: http://www.newscom.com/cgi-bin/prnh/20080801/SOCOLOGO ) "We are honored by the administration's confidence in our ability...
TUCKER, Ga., Jan. 8 /PRNewswire/ -- Charles W. "Chuck" Whitney, senior vice president and general counsel for Oglethorpe Power Corporation, has been appointed to the Nuclear Energy Institute (NEI) Lawyers Committee. The Nuclear Energy Institute is the policy organization of the nuclear energy and technologies industry and works to promote the beneficial uses of nuclear energy and technologies in the United States and around the world. The Lawyers Committee develops policy recommendations...
ATLANTA, Oct. 13 /PRNewswire/ -- Oglethorpe Power Corporation has closed on its purchase of the Hartwell electric generating plant from International Power and its partner. The purchase price for the northeast Georgia facility was $148.5 million, which includes approximately $53.5 million of existing project level debt that Oglethorpe Power paid off at closing. Oglethorpe Power previously purchased the entire output of the approximately 300-megawatt oil and gas-fired plant under a...
BIRMINGHAM, Ala., Aug. 26 /PRNewswire-FirstCall/ -- The Nuclear Regulatory Commission today issued an Early Site Permit (ESP) for the two new units of the Vogtle Electric Generating Plant in Waynesboro, Ga. Plant Vogtle is owned by Georgia Power, Oglethorpe Power Corporation, the Municipal Electric Authority of Georgia [MEAG Power] and Dalton Utilities. (Logo: http://www.newscom.com/cgi-bin/prnh/20080801/SOCOLOGO) The ESP is another step in the Nuclear Regulatory Commission's (NRC) new,...
ATLANTA, Feb. 20 /PRNewswire/ -- Oglethorpe Power Corporation, the nation's largest power supply cooperative, has named Keith D. Russell to the newly created position of senior vice president, construction. Russell, of Gardendale, Al., joins Oglethorpe Power from Southern Company Generation, where he served as general manager of construction services. Southern Company Generation is a business unit of Atlanta-based Southern Company. In his new role, Russell will oversee...
The Southern Company, which is engaged in power generation, has appointed James Miller III as president and CEO of its subsidiary, Southern Nuclear, effective immediately. Mr Miller, who currently serves as senior vice president, compliance officer, and general counsel at Georgia Power, will assume the additional role as chairman of Southern Nuclear when Barnie Beasley retires on October 1, 2008. Mr Miller joined the Southern Company in 1994 as corporate counsel for Southern Nuclear after...
ATLANTA, Aug. 27 /PRNewswire-FirstCall/ -- Southern Company Chairman, President and CEO David M. Ratcliffe today announced that James H. "Jim" Miller III has been named president and chief executive officer of Southern Nuclear Operating Company effective immediately. Miller, who currently serves as senior vice president, compliance officer, and general counsel at Georgia Power, will assume the additional role as chairman of Southern Nuclear when J. Barnie Beasley retires Oct. 1. "Nuclear...
