The Florida Municipal Power Agency this month closed on the sale of $138,440,000 in municipal bonds for its All-Requirements Project (ARP) to finance costs associated with the acquisition of three generating facilities and to refinance existing project debt.
The sale netted nearly $4.3 million in gross savings.
The three generating facilities are:
- Sand Lake Energy Center
- Mulberry Energy Center
- Bartow Energy Center
ARP is FMPA’s largest power supply project.
