The Southern California Public Power Authority is planning to sell next week $53 million of revenue refunding bonds to refinance short-term debt used for its purchase of the Tieton Hydropower Project in Washington for two of its member utilities.

The Tieton Hydropower Project revenue refunding bonds, Series 2010 A and B, are backed by take-or-pay contracts between the authority and Burbank Water and Power and Glendale Water and Power.

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