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Project One, established and financed under the Power Revenue Bond Resolution, consists of undivided ownership interests in nine generating units, separately owned transmission facilities and working capital.
Projects Two, Three and Four (the General Resolution Projects), established and financed under the General Power Revenue Bond Resolution, consist of additional undivided ownership interests in seven generating units.
The Combined Cycle Project, established and financed under the Combined Cycle Project Bond Resolution, consists of 100% ownership in Wansley Unit 9.
MEAG Power also has an ownership interest, through the Project Entities M , J and P, in two additional nuclear generating units under construction at Plant Vogtle, Units 3 and 4, which are estimated to come online in 2021 and 2022.