Oglethorpe Power files $1 billion shelf covering debt, mortgage bonds

By Devika Patel

Knoxville, Tenn., Dec. 22 - Oglethorpe Power Corp. filed a $1 billion debt securities and first mortgage bonds shelf registration in an S-3 filing with the Securities and Exchange Commission.

Proceeds will be used to finance capital expenditures and for general corporate purposes.

The electric utility is based in Tucker, Ga.

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