Georgia Power Taps the Bond Market with $1.5B Debt Sale – What It Means for Customers and Investors
Georgia Power agreed Sept. 24 to sell $1.5 billion in senior unsecured notes across three offerings, including a $250 million tap of Series 2025B and new Series 2025D and 2025E tranches. Proceeds will repay $601 million in commercial paper and fund construction. Moody’s affirmed Georgia Power’s A3 rating with a Stable outlook. The company reported $12.2 billion in revenue and $21.2 billion in debt at mid-2025.