Municipal Electric Authority of Georgia Credit Rating

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Date	Document Type	Title	Source
26 Oct 2018	Credit Opinion	Municipal Electric Authority of Georgia-PPA Project J Vogtle Nuclear Units 3 & 4: Update to credit profile after rating downgrade	Moody's Investors Service
26 Oct 2018	Credit Opinion	Municipal Electric Authority of Georgia- PPA Project M Vogtle Nuclear Units 3&4: Update to credit analysis after rating affirmation and change to stable outlook	Moody's Investors Service
25 Oct 2018	Credit Opinion	Municipal Electric Authority of Georgia-PPA Project P Vogtle Nuclear Units 3 & 4: Update to credit analysis after rating affirmation and change to stable outlook	Moody's Investors Service
11 Oct 2018	Rating Action	Moody's downgrades the rating on the MEAG Power PPA Project J bonds to Baa3 from A2; outlook negative	Moody's Investors Service
08 Oct 2018	Rating Action	Moody's affirms the Baa2 rating on MEAG Power PPA Project P Vogtle Nuclear Units 3 & 4 (Project P) (GA); outlook changed to stable from negative	Moody's Investors Service
08 Oct 2018	Rating Action	Moody's affirms the A2 rating on MEAG Power's PPA Project M Vogtle Nuclear Units 3 and 4 (GA); outlook changed to stable	Moody's Investors Service
23 Aug 2018	Credit Opinion	Municipal Electric Authority of Georgia- Projects M, P and J : Update to credit following rating affirmations and outlook change to negative	Moody's Investors Service
14 Aug 2018	Rating Action	Moody's affirms ratings on MEAG Power's Vogtle Project M, P, and J bonds; rating outlooks for all Projects are negative	Moody's Investors Service
12 Jan 2018	Credit Opinion	Municipal Electric Authority of Georgia: Credit Update: MEAG Power Vogtle Nuclear Units 3 and 4 Projects M, P and J Revenue Bonds	Moody's Investors Service
05 Jan 2018	Rating Action	Moody's affirms MEAG Power Vogtle Nuclear Units 3 and 4 Project M, P and J Revenue Bonds	Moody's Investors Service
31 Aug 2017	Issuer Comment	MEAG - PPA Project J Vogtle Units 3 & 4: MEAG Power supports continued construction on Vogtle nuclear project despite increased costs, a credit negative	Moody's Investors Service
13 Jun 2017	Issuer Comment	Municipal Electric Authority of Georgia: Toshiba guarantee on Vogtle nuclear project is credit positive for MEAG Power, though significant risks remain	Moody's Investors Service
29 Mar 2017	Sector Comment	US – Utilities & Public Power: Last Week’s Rating Actions Incorporated our Expectation of a Westinghouse Bankruptcy	Moody's Investors Service
21 Mar 2017	Rating Action	Moody's changes the rating outlook to negative on MEAG Power's Project M, Project J, and Project P Revenue Bonds; Ratings affirmed	Moody's Investors Service
17 Feb 2017	Sector Comment	Utilities – US: Toshiba Developments Leave Questions for Vogtle and Summer Nuclear Projects	Moody's Investors Service
04 Jan 2017	Sector Comment	Utilities – US: Toshiba Financial Woes Are Credit Negative for Vogtle and Summer Nuclear Projects	Moody's Investors Service
21 Apr 2016	New Issue	Municipal Electric Authority of Georgia: New Issue - Moody's Assigns A2 to MEAG Power's Subordinate Proj One and General Resolution Proj Rev Bds; Outlook Stable	Moody's Investors Service
21 Apr 2016	Rating Action	Moody's Assigns A2 to MEAG Power's Subordinate Proj One and General Resolution Proj Rev Bds; Outlook Stable	Moody's Investors Service
07 Dec 2015	Rating Action	Moody's Assigns to Municipal Electric Authority of Georgia an A1 Rating on Senior Lien and A2 Rating on Subordinate Lien Bonds; Outlook Stable	Moody's Investors Service
07 Dec 2015	New Issue	Moody's Assigns to Municipal Electric Authority of Georgia an A1 Rating on Senior Lien and A2 Rating on Subordinate Lien Bonds; Outlook Stable	Moody's Investors Service
25 Nov 2015	Rating Update	MOODY'S DOWNGRADES TO Aa1 LOC-BACKED RATING OF MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA, SUBORDINATE BONDS SER. 1985C; AFFIRMS SHORT-TERM VMIG 1	Moody's Investors Service
25 Nov 2015	Rating Action	Moody's downgrades to Aa1 LOC-backed rating of Municipal Electric Authority of Georgia, Subordinate Bonds Ser. 1985C; Affirms short-term VMIG 1	Moody's Investors Service
29 Oct 2015	Sector Comment	US Utilities: Vogtle and Summer Agreements Are Credit Positive, But Challenges Remain	Moody's Investors Service
10 Aug 2015	New Issue	Moody's Investors Service assigns A2 rating to Municipal Electric Authority of Georgia sale of $183,760,000 Plant Vogtle Units 3 & 4 Project J Bonds, Series 2015 A ; outlook stable	Moody's Investors Service
10 Aug 2015	Rating Action	Moody's Investors Service assigns A2 rating to Municipal Electric Authority of Georgia sale of $183,760,000 Plant Vogtle Units 3 & 4 Project J Bonds, Series 2015 A ; outlook stable	Moody's Investors Service
10 Aug 2015	New Issue	Moody's assigns Baa2 to Municipal Electric Authority of Georgia sale of $69,405,000 Plant Vogtle 3 & 4 Project P bonds, Series 2015 ; Outlook stable	Moody's Investors Service
10 Aug 2015	Rating Action	Moody's assigns Baa2 to Municipal Electric Authority of Georgia sale of $69,405,000 Plant Vogtle 3 & 4 Project P bonds, Series 2015 ; Outlook stable	Moody's Investors Service
29 Jul 2015	Special Comment	US Regulated Utilities, Public Power Utilities and G&T Co-operatives: Technology and Nuclear RegulatoryRisks Loom Over New Projects	Moody's Investors Service
28 May 2015	Rating Action	Moody's upgrades long-term ratings of municipal VRDBs supported by Barclays Bank PLC	Moody's Investors Service
13 May 2015	Rating Action	Moody's affirms MEAG Power Project M, Project J and Project P bond ratings as a condition for entering into Federal Loan Guarantee Program; outlook stable	Moody's Investors Service
13 May 2015	Rating Update	Moody's affirms MEAG Power Project M, Project J and Project P bond ratings as a condition for entering into Federal Loan Guarantee Program; outlook stable	Moody's Investors Service
07 Apr 2015	Rating Update	Moody's Investors Service has affirmed ratings on Municipal Electric Authority of Georgia Revenue Bonds; Outlook Stable	Moody's Investors Service
07 Apr 2015	Rating Update	Moody's affirms ratings for MEAG Power's Project M, Project J, and Project P revenue bonds; rating outlook changed to stable from negative	Moody's Investors Service
07 Apr 2015	Rating Action	Moody's affirms ratings for MEAG Power's Project M, Project J, and Project P revenue bonds; rating outlook changed to stable from negative	Moody's Investors Service
07 Apr 2015	Rating Action	Moody's Investors Service has affirmed ratings on Municipal Electric Authority of Georgia Revenue Bonds; Outlook Stable	Moody's Investors Service
04 Feb 2015	Issuer Comment	US Public Finance: Although Credit Negative, Impact of Vogtle Nuclear Delay on MEAG Power is Mitigated by Risk Diversification Measures	Moody's Investors Service
10 Oct 2014	Credit Focus	Municipal Electric Authority of Georgia: Expected US Loan Guarantee Is Credit Positive For Financing New Vogtle Nuclear Units	Moody's Investors Service
20 Dec 2013	Rating Action	Moody's affirms P-1 on MEAG's LOC-backed Ser. A and B General Resolution and Ser. A and B Project One bond anticipation notes	Moody's Investors Service
20 Dec 2013	Rating Update	MOODY'S AFFIRMS P-1 ON MEAG'S LOC-BACKED SER. A AND B GENERAL RESOLUTION AND SER. A AND B PROJECT ONE BOND ANTICIPATION NOTES	Moody's Investors Service
16 Dec 2013	Announcement	Moody's reviews MEAG's LOC-backed Ser. A and B General Resolution and Ser. A and B Project One bond anticipation notes in connection with substitution of the LOCs	Moody's Investors Service
26 Nov 2013	Rating Update	Moody's Affirms MEAG (GA) Power Ratings; Maintains Negative Outlook on Project P, M and J Bonds	Moody's Investors Service
26 Nov 2013	Rating Action	Moody's Affirms MEAG (GA) Power Ratings; Maintains Negative Outlook on Project P, M and J Bonds	Moody's Investors Service
26 Mar 2013	Credit Focus	Municipal Electric Authority of Georgia: Negative Pressures Increase On New Nuclear Bonds Due to Construction Cost Overruns and Project Delay on Vogtle 3 and 4	Moody's Investors Service
27 Nov 2012	Rating Action	Moody's assigns #Aaa rating to refunded Municipal Electric Authority of Georgia Power Revenue Bonds Series FF (2003) and General Power Revenue Power Bonds 2002A Series	Moody's Investors Service
27 Nov 2012	Rating Update	Moody's assigns #Aaa rating to refunded Municipal Electric Authority of Georgia Power Revenue Bonds Series FF (2003) and General Power Revenue Power Bonds 2002A Series	Moody's Investors Service
12 Oct 2012	New Issue	Moody's Assigns A1 to Senior and A2 to Suboridnate Revenue Bonds of Municipal Electric Authority of Georgia	Moody's Investors Service
12 Oct 2012	Rating Action	Moody's Assigns A1 to Senior and A2 to Subordinate Revenue Bonds of Municipal Electric Authority of Georgia	Moody's Investors Service
11 Sep 2012	Announcement	Moody's Changes Credit Outlook on Municipal Electric Authority of Georgia ; But Maintains Negative Outlook on Vogtle 3 and 4 Debt	Moody's Investors Service
11 Sep 2012	Rating Update	Moody's Changes Credit Outlook on Municipal Electric Authority of Georgia ; But Maintains Negative Outlook on Vogtle 3 and 4 Debt	Moody's Investors Service
09 Mar 2012	Rating Update	MOODY'S UPGRADES THE LETTER OF CREDIT BACKED LONG-TERM RATING TO Aa1 FROM Aa3 AND UPGRADES THE SHORT-TERM RATING TO VMIG 1 FROM VMIG 2 OF MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA PROJECT ONE SUBORDINATED BONDS, SERIES 2008B	Moody's Investors Service

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