OGLETHORPE POWER CORPORATION

Total loan face value · trailing 12 months
$2.99B
vs. BLUEOVAL SK, LLC ($45.3B), largest tracked loan recipient
$23for every U.S. household÷ 131M U.S. households
In perspective
1.7%of all $178.0B in tracked loan face value
6separate loans, trailing 12 months

OGLETHORPE POWER CORPORATION has received $2.99B in face value across 6 federal loans of $1M or more on record. The government's own estimated cost of these loans (subsidy cost, not the amount borrowed) totals $211M.

Data as of July 24, 2026. Source: USAspending.gov, prime contract awards $1M+. Federal spending data lags and has known gaps. This is not a real-time or complete record.

Loan figures on this page are face value — the amount borrowed, not a grant or contract payment. The federal government’s own estimated cost of guaranteeing or issuing these loans (subsidy cost) is a separate, much smaller figure, shown above.

Loans by agency

Where this recipient’s loan face value comes from.

All loans

Swipe to see description and amount →

AgencyDescriptionAmount
OGLETHORPE POWER CORPORATION LOAN 1347 NOTE 3
$1,619,679,707
PERSISTENT POVERTY SECTION 306 FFB - OTHER ELECTRIC FFB - OTHER LOAN
$755,208,000
RUS IRA NEW ERA NON-RUS DEBT LOAN 0%
$331,517,878
SECTION 306 FFB - OTHER
$112,640,000
PERSISTENT POVERTY SECTION 306 FFB - OTHER ELECTRIC FFB - OTHER LOAN
$87,943,000
PERSISTENT POVERTY SECTION 306 FFB - OTHER ELECTRIC FFB - OTHER LOAN
$80,058,000