INVESTOR RELATIONS

Overview

Oglethorpe Power Corporation (OPC) is one of the nation’s largest wholesale power supply cooperatives, with approximately $11 billion in assets and annual revenue exceeding $1 billion. Oglethorpe Power is owned by 38 retail electric distribution Members in the state of Georgia, each of which has a take-or-pay wholesale power supply contract with Oglethorpe Power, under which Oglethorpe Power supplies the Members with a significant portion of their annual electric energy needs. These long-term wholesale power supply contracts provide the underpinning for Oglethorpe Power’s financial strength.

Long-term ratings

S&P

Moody’s

Fitch

Senior secured rating

BBB+

Baa1

BBB+

Issuer/underlying rating

BBB+

Baa2

NR(a)

Date rating last changed

September 2018

October 2010

October 2018

Rating outlook

Negative

Stable

Negative

Date outlook last changed

September 2018

October 2018

October 2018

Short-term ratings

S&P

Moody’s

Fitch

Commercial paper rating

A-2

P-2

F2

Date rating last changed

July 2017

1989

September 2017

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

The ratings reflected in this table have the meanings assigned to them by the respective rating agencies and are not recommendations to buy, sell or hold securities. They are subject to revision at any time by the rating agencies.

For More Information, Contact Investor Relations

Thomas J. Brendiar

Director, Bank & Investor Relations
Phone: (770) 270-7173
tom.brendiar@opc.com

Joe Rick

Director, Capital Markets
Phone: (770) 270-7240
joe.rick@opc.com

SEC Filings

Year
Filing Type
Date Filed
Document Link

SEC Website (EDGAR)

SEC Website