Hunton Andrews Kurth Represents Remarketing Agents in Connection with Georgia Power Company Tax-Exempt Remarketings

Hunton Andrews Kurth LLP acted as counsel to Truist Securities, Inc. and Barclays Capital Inc., as remarketing agents to the remarketing of $68,535,000 Development Authority of Burke County (Georgia) Pollution Control Revenue Bonds (Georgia Power Company Plant Vogtle Project), First Series 2008 (the “Burke Bonds”) and $53,000,000 Development Authority of Floyd County (Georgia) Pollution Control Revenue Bonds (Georgia Power Company Plant Hammond Project), First Series 2010 (the “Floyd Bonds”), respectively.

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 (the “Vogtle Project”). The Floyd Bonds were initially issued to refinance a portion of the cost of the acquisition, construction, installation and equipping of certain solid waste disposal facilities (the “Hammond Project”) located at GPC’s Hammond steam electric generating plant.

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 600 communities (including Athens, Atlanta, Augusta, Columbus, Macon, Rome and Savannah), as well as in rural areas and at wholesale. 

The Hunton Andrews Kurth team included Peter K. O’Brien, Steven C. Friend, Patrick C. Jamieson and Michelle G. Chan. Chris Kulp provided tax advice.