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Georgia Power Issues $325 Million in Green Bonds

Posted in Cleantech

Georgia Power issued $325 million of Green Bonds on March 9, in what the company says is the first green bond issuance by a retail electric utility in the United States. Per Georgia Power, the proceeds of the bonds will be used primarily to support renewable energy generation projects, with any remaining proceeds to be used for electric vehicle charging infrastructure or payments under renewable power purchase agreements.

Georgia Power’s press release on the bonds is available here.