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MEAG Power and its Vogtle Entities Seek Clarification of Tender Rights Regarding Plant Vogtle Units 3&4 Project

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June 21, 2022

Press Release

MEAG POWER PRESS RELEASE

Media Contact: John Marsh, Corporate Communications Manager: jmarsh@meagpower.org

ATLANTA – June 21, 2022 – On June 18, 2022, the Municipal Electric Authority of Georgia (MEAG Power) and its wholly owned subsidiaries, MEAG Power SPVJ, LLC, MEAG Power SPVM, LLC and MEAG Power SPVP, LLC (Vogtle Units 3&4 Project Entities), filed suit in the Superior Court of Fulton County, Georgia, against Georgia Power Company (GPC) in connection with a disagreement regarding an increase in GPC’s construction cost responsibility under the Plant Alvin W. Vogtle Units 3 and 4 (Vogtle Units 3&4) ownership arrangements and the right of each of the Vogtle Units 3&4 Project Entities to tender a portion of its ownership interest in the project.

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MEAG Power and its Vogtle Project Entities Seek Clarification of Tender Rights Regarding Plant Vogtle Units 3&4 Project