Co-owners sue Georgia Power in $695M Vogtle contract dispute
ATLANTA, Ga. (CBS46) - The owners of a majority share of a nuclear power plant being expanded in Georgia are suing lead owner Georgia Power Co.
They claim Georgia Power is trying to bilk them out of nearly $700 million by unilaterally changing a contract.
Oglethorpe Power Corp. and the Municipal Electrical Authority of Georgia filed suit in recent days in state court in Atlanta.
A win by Oglethorpe and MEAG could hold down bills for millions of customers of electric cooperatives and municipal utilities in Georgia, Florida and Alabama.
Oglethorpe and MEAG want a judge to order Georgia Power to repay disputed amounts, plus interest and attorneys fees. They aren’t trying to stop completion of the Vogtle units east of Augusta.
Copyright 2022 WGCL. All rights reserved.