FinancingClosedFebruary 25, 2026

16+ GW generation portfolio — gas, nuclear uprates, BESS, hydro, 1,300+ mi transmission

Largest loan in DOE history. 30-year term; $22.4B to Georgia Power, $4.1B to Alabama Power. Expected to save customers $7B over loan life and cut interest costs >$300M/yr.

$26.50B

Deal Value

16,000MW

Capacity

Other

Technology

GA, AL

Location

Deal Details

Deal Type
Project Financing
Seller / Sponsor
Southern Company (Georgia Power + Alabama Power)
Buyer / Financier
US Department of Energy
Deal Value
$26.5B
Stage
Mixed (Operating + Development)
ISO/RTO
SERC

Finance Counterparties

Lenders & Capital Providers

Project Debt
US Department of Energy

Related Deals

Get deals like this in your inbox

Free weekly clean energy deal intelligence. Every Monday.

← Back to Deal Database