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Oglethorpe Power files $500M registration statement

Oglethorpe Power Corp. filed a shelf registration statement for the potential sale of up to $500 million worth of securities from time to time.

The Jan. 27 filing covers the sale of the company's first mortgage bonds and unsecured debt securities.

The company plans to use the sale proceeds to finance or refinance CapEx related to the construction, acquisition or enhancement of generation facilities to meet the current and future energy demands of its customers, and for general corporate purposes.