8-K: Oglethorpe advances $3.3B Smarr CC project with $662M spent through Q2 2026

The 1,425 MW Smarr combined cycle project remains on budget at $3.3 billion with $662 million spent through Q2 2026 and a mid-2029 in-service date. The 240 MW Talbot Unit 7 combustion turbine re-baselined budget is complete at $440 million, with $69 million spent and early 2029 service expected. The 75 MW battery storage project budget is approximately $240 million before an $81 million DOE grant, with $1.4 million spent and 2029-2030 service planned.

The 1,425 MW Smarr combined cycle project remains on budget at $3.3 billion with $662 million spent through Q2 2026 and a mid-2029 in-service date. The 240 MW Talbot Unit 7 combustion turbine re-baselined budget is complete at $440 million, with $69 million spent and early 2029 service expected. The 75 MW battery storage project budget is approximately $240 million before an $81 million DOE grant, with $1.4 million spent and 2029-2030 service planned.