Preservation of Atmosphere
Sustainability Thickness Score
Vogtle Nuclear Power Project, Units 3 & 4
Vogtle Units 1 and 2 of the nuclear project were completed in 1987 and 1989, respectively. Each unit has a gross electricity generation capacity of 1215 MW for a combined capacity of 2460 MW.
Two additional units, Units 3 and 4, began operating in 2024, bringing the plant capacity to 4800 MW. Vogtle is the largest nuclear power station in the U.S. The combined Vogtle plant will provide enough electricity to power 1,000,000 homes and businesses, carbon-free. This quantity of energy is enough to power five times the amount required by Metropolitan Atlanta.
Entity:
Municipal Electric Authority of Georgia (MEAG)
Expansion of Nuclear Power Facility
Attributes:
MEAG addresses increased baseload power demands using carbon emissions-free technology.
Sustainability goals:
- Meet energy demand with non-fossil fuel reliant systems.
- Manage nuclear waste storage to minimize risk of habitat contamination.
Sustainability actions:
- Build an advanced nuclear power plant.
- Store waste in accordance with Nuclear Regulatory Commission requirements.
Benefit/cost:
Strongly positive
Scaleable:
Yes
Thickness Score
Natural Capital Benefits
Sustainability Thickness Score
Production of enough to provide energy to 1 million households and businesses, carbon-free.
8
Neutral impact on potable water.
0
Generation of electricity at scale with zero CO2 emissions.
8
Negative impact on habitat associated with long term storage of nuclear waste.
-3
Investment Attributes
Coupon:
5.000%
Maturity:
1/1/2030
Security:
General Obligation of the 48 local government members
Ratings:
A2 Moodys, A- S&P, BBB+ Fitch
Taxation:
Exempt from Federal Income Tax
Sector:
Energy, Water, Atmosphere, Habitat
Additional Info
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