Investor Relations

 

Oglethorpe Power Corporation (OPC) is the nation’s largest wholesale power supply cooperative with approximately $6.5 billion of assets and annual revenue exceeding $1 billion. OPC is owned by 39 retail electric distribution Members in the state of Georgia, each of which has a take-or-pay wholesale power supply contract with OPC under which OPC supplies the Members with a significant portion of their annual electric energy needs. These long-term wholesale power supply contracts provide the underpinning for OPC’s financial strength, as evidenced by the following investment grade ratings from the three major rating agencies:

 

Contact Information

 

Thomas J. Brendiar

Director, Bank & Investor Relations

Oglethorpe Power Corporation

2100 E. Exchange Place

Tucker, GA 30084

 

Phone:  (770) 270-7173 

Fax:  (770) 270-7325

 

tom.brendiar@opc.com

Oglethorpe's Ratings   

S&P

Moody’s

Fitch


Long-term ratings:
 
Senior secured rating
     Year assigned

 


A
1997


A3
1997


A
1997

   Issuer/underlying rating
   Rating outlook

 

A
Stable

Baa1
Negative (b)

NR (a)
Stable

Short-term ratings:
 
Commercial paper rating


A-1


P-2


F1

     
(a) NR indicates no rating assigned in this rating category

(b) Negative outlook assigned in September 2009

  

 

 

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