Hunton Andrews Kurth LLP represented Truist Securities, Inc. as the remarketing agent in connection with Georgia Power Company’s tax-exempt remarketings of (i) $68.5 million of Development Authority of Burke County (Georgia) Pollution Control Revenue Bonds (Georgia Power Company Plant Vogtle Project), First Series 2008 (the “Burke Bonds”) and (ii) $83.5 million of Development Authority of Monroe County (Georgia) Pollution Control Revenue Bonds (Georgia Power Company Plant Scherer Project), First Series 2008 (the “Monroe Bonds”). 

The Burke Bonds were initially issued to refinance the acquisition, construction, installation and equipping of the interest of Georgia Power Company (“GPC”) in certain air and water pollution control and sewage and solid waste disposal facilities located at the Vogtle steam electric generating plant in Burke County, Georgia.The Monroe Bonds were initially issued to refinance the acquisition, construction, installation and equipping of the interest of Georgia Power Company (“GPC”) in certain air and water pollution control and sewage and solid waste disposal facilities located at the Scherer steam electric generating plant in Monroe County, Georgia.

GPC is a wholly owned subsidiary of The Southern Company. GPC is engaged in the generation, transmission, distribution and purchase of electricity and the sale of electric service within the State of Georgia at retail in over 530 cities and towns (including Athens, Atlanta, Augusta, Columbus, Macon, Rome and Savannah), as well as in rural areas and at wholesale.  

The Hunton team included Steven C. Friend, Michelle G. Chan, Monika M. Dziewa and Gabrielle Kraushaar. Chris Kulp provided tax advice.