GPJA

Georgia Power Company operates as a regulated electric utility serving approximately 2.7 million customers across Georgia, making it the largest subsidiary of Southern Company. The company generates, transmits, distributes, and sells electricity through a diverse energy portfolio that includes natural gas, nuclear, coal, hydroelectric, solar, and wind facilities. Georgia Power maintains over 31,000 miles of distribution lines and 3,300 miles of transmission lines throughout its service territory. As an investor-owned utility, Georgia Power operates under a traditional rate-regulated model overseen by the Georgia Public Service Commission. The company's business model provides stable, predictable cash flows through long-term customer relationships and regulated returns on capital investments. Its generation capacity exceeds 16,000 megawatts, with significant investments in clean energy infrastructure including the expansion of Plant Vogtle Units 3 and 4, the nation's first new nuclear reactors built in over three decades. Georgia Power employs approximately 7,000 people and maintains a strong operational track record with consistently high reliability metrics. The company serves a growing customer base benefiting from Georgia's expanding economy and population growth. Recent strategic initiatives focus on grid modernization, renewable energy integration, and infrastructure hardening to enhance system resilience. The Series 2017A preferred stock represents one of several classes of preferred securities issued by Georgia Power to support its capital structure and ongoing infrastructure investments.