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Recently in Public Power Current
Vistra Corp. on May 15 announced that it has executed a definitive agreement to acquire seven modern natural gas generation facilities, totaling approximately 2,600 MW of capacity, from Lotus Infrastructure Partners.
California Community Power, a joint powers authority representing nine community choice aggregators serving over 6.7 million residents and 30,000 GWh annually across California, recently issued a Request for Information for geothermal power projects as part of a broader Geothermal Strategic Initiative.
Massachusetts Gov. Maura Healey recently unveiled legislation that would, among other things, allow Massachusetts to explore cutting edge nuclear technologies and expand the state’s authority to procure energy.
Palo Alto, Calif., City Manager Ed Shikada announced on May 15 the selection of Alan Kurotori as Palo Alto’s Utilities Director.
The Lincoln Electric System Administrative Board recently approved a resolution to amend the 2025 LES Budget and implement a 4% systemwide rate adjustment to fund additional generation for the utility.
Moody’s Ratings has assigned an Aa1 rating to New Braunfels Utilities’ proposed $134 million Utility System Revenue Refunding Bonds, Series 2025, and reaffirmed the Aa1 rating on all existing senior lien revenue debt.
Retool’25, a one-day conference scheduled for June 3 and organized by the Jamestown Board of Public Utilities, will focus on sustainability, energy efficiency and energy innovation for small and medium manufacturers and businesses.
Fitch Ratings affirmed the A+ outlook on $1.74 billion in utility system revenue bonds for Gainesville Regional Utilities on May 9, citing a strong financial profile due largely to a “significant” reduction in the utility’s general fund transfer payments to the city and affordable rates.