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.

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