8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

__________________________

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): January 8, 2022

Oglethorpe Power Corporation

(An Electric Membership Corporation)

(Exact name of Registrant as specified in its charter)

Georgia (State of incorporation)	333-192954 (Commission File Number)	58-1211925 (I.R.S. Employer Identification No.)
2100 East Exchange Place Tucker, Georgia (Address of principal executive offices)		30084-5336 (Zip Code)

Registrant’s telephone number, including area code (770) 270-7600

None

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Securities registered pursuant to section 12(b) of the Act:

 

Title of each class:	Trading Symbol(s)	Name of each exchange on which registered:
None	N/A	N/A

Item 8.01    Other Events

We are saddened to report that on January 8, 2022, Bobby C. Smith Jr., the Chairman of our Board of Directors, passed away. Mr. Smith had served on our Board of Directors since May 2008 and as Chairman since September 2015, and we are grateful for Mr. Smith’s service and leadership over that time.

On January 12, 2022, we issued a press release regarding the passing of Mr. Smith. The press release is furnished herewith as Exhibit 99.1.

Marshall Millwood, Vice-Chairman of our Board of Directors, will assume the responsibilities of Chairman until a new Chairman is elected. Mr. Smith’s seat on the Board will remain vacant until a new director is either appointed or elected in accordance with our bylaws.

Item 9.01    Financial Statements and Exhibits

(d) Exhibits

Exhibit No. Description

99.1 Press release, dated January 12, 2022

SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		OGLETHORPE POWER CORPORATION
		(AN ELECTRIC MEMBERSHIP CORPORATION)
Date:	January 11, 2022	By:	/s/ Michael L. Smith
			Michael L. Smith
			President and Chief Executive Officer

EX-99.1

For Immediate Release Contact: Terri Statham Phone Number: 770-270-6990 Email: terri.statham@opc.com OGLETHORPE POWER MOURNS THE DEATH OF BOARD CHAIRMAN BOBBY SMITH TUCKER, Ga. (January 12, 2022) – Oglethorpe Power is saddened to announce the death of Board Chairman Bobby C. Smith, Jr., who passed away at the age of 67 on Saturday, January 8, 2022. Smith served on the Oglethorpe Power Board of Directors since May 2008 and as Chairman since September 2015. “Bobby will be remembered as an exceptional leader and dedicated community servant,” said Oglethorpe Power President and CEO, Mike Smith. “For nearly 14 years, Bobby’s tremendous wisdom and vision made him a guiding force on our board and we are grateful for his invaluable contributions. He will truly be missed by all who had the privilege to know and work with him.” A resident of Rocky Ford, Ga. in Screven County, Smith was the owner-operator of B&K Farms and member of the board of directors of Planters Electric Membership Corporation. He also served on the board of directors for Georgia Electric Membership Corporation and was chosen as GEMC Director Volunteer of the Year in 2014 and was Chairman of the Screven County Industrial Development Authority Board. In 2010 Smith was named Conservationist of the Year by the Ogeechee River Soil and Water Conservation District, and in 2013 he was recognized as Volunteer of the Year by the Georgia Economic Developers Association.

About Oglethorpe Power Oglethorpe Power is one of the nation’s largest power supply cooperatives with approximately $15 billion in assets serving 38 Electric Membership Corporations which, collectively, provide electricity to approximately 4.3 million Georgia residents. A proponent of conscientious energy development and use, Oglethorpe Power balances reliable and affordable energy with environmental responsibility and has an outstanding record of regulatory compliance. Its diverse energy portfolio includes natural gas, nuclear, hydroelectric and coal generating plants with a combined capacity of more than 8,300 megawatts. Oglethorpe Power was established in 1974 and is owned by its 38 Member Systems. Its headquarters are in Tucker, Georgia, an Atlanta suburb. For more information, visit www.opc.com. ###

XML

Cover	Jan. 08, 2022
Cover [Abstract]
Document Type	8-K
Document Period End Date	Jan. 08, 2022
Entity Registrant Name	Oglethorpe Power Corporation
Entity Incorporation, State or Country Code	GA
Entity File Number	333-192954
Entity Tax Identification Number	58-1211925
Entity Address, Address Line One	2100 East Exchange Place
Entity Address, City or Town	Tucker
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	30084-5336
City Area Code	770
Local Phone Number	270-7600
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Entity Central Index Key	0000788816
Amendment Flag	false