Oglethorpe Power completes acquisition of Walton County Power to strengthen its generation portfolio
Acquiring Company
Oglethorpe Power
Acquired Company
Mackinaw Power Holdings
TuckerLowellManufacturingEnergyRenewable EnergyDescription
Oglethorpe Power has acquired Walton County Power, a 465-megawatt, three-unit combustion turbine generation facility in Monroe, Georgia. The acquisition aims to enhance Oglethorpe Power's generation portfolio with a highly-efficient natural gas-fired combustion turbine plant, ensuring reliable and cost-effective electricity supply for its consumers and addressing the increasing power supply needs in Georgia.
Quick answer
Oglethorpe Power is acquiring Mackinaw Power Holdings, announced July 1, 2024. Oglethorpe Power is based in Tucker, Georgia, United States.
- How much did Oglethorpe Power pay for Mackinaw Power Holdings?
- The deal value was not disclosed.
- What does Oglethorpe Power do?
- Oglethorpe Power is among the nation’s largest power supply cooperatives and is one of the largest energy producers in Georgia.
- Where are Oglethorpe Power and Mackinaw Power Holdings based?
- Oglethorpe Power is based in Tucker, Georgia, United States. Mackinaw Power Holdings is based in Lowell, Michigan, United States.
- Who are the decision-makers at Oglethorpe Power?
- Fundz holds 1 contact at Oglethorpe Power. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Mackinaw Power Holdings?
Mackinaw Power Holdings was acquired by Oglethorpe Power, based in Tucker. The deal was reported on July 1, 2024. Oglethorpe Power is among the nation’s largest power supply cooperatives and is one of the largest energy producers in Georgia. Oglethorpe Power is privately held.
When did Oglethorpe Power acquire Mackinaw Power Holdings?
Oglethorpe Power's acquisition of Mackinaw Power Holdings was reported on July 1, 2024. Oglethorpe Power has acquired Walton County Power, a 465-megawatt, three-unit combustion turbine generation facility in Monroe, Georgia. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Mackinaw Power Holdings do?
Founded in 2003, Mackinaw Power has played an integral role in the development of renewable energy in Michigan. It is privately held, operating in Manufacturing, and is based in Lowell.
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