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Oglethorpe Power Corporation has entered into a purchase and sale agreement to acquire the 511 MW Effingham County Power natural gas-fired combined-cycle facility in Rincon, Georgia from a Carlyle Group affiliate. The transaction is expected to close in Q2 2021.
“This acquisition of an existing, low-cost and proven facility in Georgia is a good strategic fit for our power supply portfolio.”opc.com
Summarized from public sources; check the original articles before acting on it.