Utilities

Over $15 million in utility revenue bonds have been called into question.

The majority of the debt sold for the state's community choice aggregators came through CCCFA, a conduit issuer that ranked third among all issuers nationwide for volume issued in 2023.

The authority's CEO said it has no money for facilty maintenance.

CPS Energy, which provides electricity and natural gas in the San Antonio area, has a $1.05 billion revenue bond issue pricing in early June.

Hawaii Gov. Josh Green's last-minute attempt to resuscitate a bill that would have allowed Hawaii Electric Co. to issue debt, backed by a rate increase, failed.

With billions of federal funding available from the Infrastructure Investment and Jobs Act, one observer says it could be limiting the amount of municipal bonds issued by the sector.

The Intermountain Power Agency has warned that the measure, which is aimed at preserving the state's largest coal-fired power plant, poses risks to its bond-financed transition to cleaner fuels.

Intermountain Power Agency contends the bill passed by lawmakers, awaiting action by the governor, poses a risk to bonds it sold to finance a transition to cleaner fuels.

The authority is one of the few investment-grade U.S. issuers actively selling triple-tax-exempt paper.

The proposed $1 billion bond measure would fund port improvements needed to push the state's nascent offshore wind power industry forward.

Lansing's Board of Water and Light is issuing $350 million of tax-exempt bonds in a deal that would fund a tender offer for $232.6 million of outstanding debt.

The Massachusetts Municipal Wholesale Electric Company deal, self-designated as green, will finance a soon-to-open 6.9 megawatt, 35-acre solar power project.

The reserve should have enough to cover bond payments for a year, according to an observer.

Maine voters in Tuesday election shot down a ballot proposal for a public takeover of private electric utility providers.

The Grand River Dam Authority, the state's largest public power utility, is expected to start issuing the debt later this year.

EPB of Chattanooga is seeking the new funds for capital work necessary to accommodate the Tennessee city's expected population growth.

"Transmission is often a pressing need. Routing power around more efficiently with fewer losses helps to maintain the integrity of the system," said John Hallacy.

Georgia Power and Oglethorpe Power agreed to new terms for cost overruns on two new Plant Vogtle nuclear reactors.

CEO Andrew Smith says authority is taking steps toward settling its outstanding debt.

The district plans an aggressive capital program in the next few years to meet rising demand and transition away from coal-fired plants.