Investor Relations Investor Relations

 Investor Relations

   Oglethorpe Power Corporation (OPC) is one of the nation’s largest wholesale power supply cooperatives with more than $10 billion of assets and annual revenue exceeding $1 billion. OPC 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 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 Phone: (770) 270-7173
Fax: (770) 270-7325 tom.brendiar@opc.com

Joe Rick
Director, Capital Markets
Phone: (770) 270-7240
Fax: (770) 270-7325
joe.rick@opc.com      

 

Oglethorpe's Ratings S&P Moody’s Fitch
Long-term ratings:
Senior secured rating
Issuer/underlying rating
Year rating last changed
Rating outlook
A-
A-
 July 2017
Negative(b)
Baa1
Baa2
2010
Negative(c)
A
NR(a)
1997
Negative(d)
Short-term ratings:
Commercial paper rating
Year rating last changed
A-2
 July 2017
P-2
1989
F1
1996

(a)N/R indicates no rating assigned in this rating category
(b)Negative outlook assigned in July 2017.
(c)Negative outlook assigned in March 2017.
(d)Negative outlook assigned in April 2013.
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.

 

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