Municipal Electric Agency of Georgia

Spiraling costs of Vogtle nuclear project lead to lawsuit by venture partners

A Georgia court is being asked to decide whether two partners in an increasingly expensive and long-delayed 2,200 MW nuclear power project can cap their exposure to rising construction costs and hand over at least a portion of their ownership stake in the venture. The dispute pits Oglethorpe Power Corp. and the Municipal Electric Authority of Georgia (MEAG) against Georgia