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HMC – Oglethorpe Power seeks to acquire natural gas-fired combustion turbine generating facility from Harbert Management Corporation
TUCKER, Ga. and BIRMINGHAM, Ala., Oct. 24, 2022 — Oglethorpe Power Corporation, a member-owned cooperative, and Harbert Management Corporation (“HMC”), an investment management firm, today announced that Oglethorpe Power has entered into a purchase and sale agreement to acquire two generating units at Washington County Power, a four-unit 660-megawatt combustion turbine generation and transmission facility located in Sandersville, Georgia, from Gulf Pacific Power, LLC, an investment fund managed by HMC.
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