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Georgia Power to Issue $1.5 Billion in Notes for Plant Vogtle

9/30/2025

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Summary

Story summary

Georgia Power, a subsidiary of Southern Company, plans to sell $1.5 billion in senior unsecured notes.
Breakdown: $250 million at 4.85% due 2031; $750 million at 4.00% due 2028; $500 million at 5.50% due 2055.
Proceeds repay about $601 million of short-term commercial paper and support Plant Vogtle construction.
Moody's maintains Georgia Power's A3 rating with a stable outlook.

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Story summary

Georgia Power, a subsidiary of Southern Company, plans to sell $1.5 billion in senior unsecured notes.
Breakdown: $250 million at 4.85% due 2031; $750 million at 4.00% due 2028; $500 million at 5.50% due 2055.
Proceeds repay about $601 million of short-term commercial paper and support Plant Vogtle construction.
Moody's maintains Georgia Power's A3 rating with a stable outlook.