# Municipal Electric Authority of Georgia Nuclear Decommissioning Trust

Municipal Electric Authority of Georgia Nuclear Decommissioning Trust is a Trust / Investment Trust based in Atlanta, United States.

## Overview

- **Organization type:** Trust / Investment Trust
- **Headquarters:** Atlanta, United States
- **Region:** North America
- **Address:** 1470 Riveredge Parkway, NW, Atlanta, Georgia 30328-4640, United States
- **Founded:** 1975
- **Assets under management:** Undisclosed
- **Website:** www.meagpower.org
- **LinkedIn:** https://www.linkedin.com/company/meag-power

## Regulatory record

- **Reports private funds:** No

## About

The Municipal Electric Authority of Georgia Nuclear Decommissioning Trust is a US-based investment trust in Atlanta. It manages approximately $472 million in assets, primarily focused on North America.

## Sectors

- Energy Transition & Renewables
- Infrastructure
- Insurance

## People

- James E. Fuller — Chief Financial Officer

## Questions

### Where does the funding for the trust come from, and how is it regulated?

The trust is funded through charges collected from MEAG Power's 49 participant municipalities as part of their wholesale power rates and is ring-fenced from the operating budget. It exists to comply with the Nuclear Regulatory Commission's requirement for licensees to demonstrate reasonable assurance of funds for radiological decommissioning. The trust's adequacy is benchmarked against periodic site-specific cost studies.

### How is this trust distinct from a pooled decommissioning trust managed by an external firm?

Unlike the commingled nuclear decommissioning trusts managed by institutions like State Street or BlackRock for investor-owned utilities, this is a sponsor-directed, single-obligor trust. It is not an open vehicle competing for third-party capital. Its entire purpose is to underwrite MEAG Power's specific proportional liability at Plants Vogtle and Hatch, making it a narrowly tailored captive financial vehicle rather than a diversified asset manager.

### How are the Plant Vogtle co-owners related to this trust?

The trust covers only MEAG Power's fractional ownership share. Georgia Power, Oglethorpe Power, and Dalton Utilities maintain separate decommissioning funding vehicles for their respective shares. Southern Nuclear Operating Company operates the facilities on behalf of all co-owners. The financial assurance for each owner is filed individually with federal and state regulators, ensuring that a shortfall by one co-owner does not become a liability for the others.

## Related profiles

- [Munich Venture Partners](https://altss.com/profile/munich-venture-partners)
- [Municipal Engineering Consulting Fund](https://altss.com/profile/municipal-engineering-consulting-fund)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/municipal-electric-authority-of-georgia-nuclear-decommissioning-trust

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology