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Bonds and Financing
Fitch Ratings assigned the Indiana Municipal Power Agency's approximately $427 million power supply system refunding revenue bonds, 2026 series A an “A+” rating.
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Transmission
The U.S. Department of Energy’s Office of Electricity on July 9 released a draft of the 2026 National Transmission Needs Study for a 60-day public comment period.
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Community Engagement
Drexel, Gastonia, La Grange, New Bern, Newton, and Wake Forest, North Carolina, each received $10,000 through ElectriCities’ Downtown Revitalization Grant program to help boost downtown economic development and support their revitalization goals.
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Electricity Markets
San Francisco, Calif., took a major step on July 9 as it explores public power expansion, with the Planning Commission voting unanimously to certify the final Environmental Impact Report for the city’s proposed acquisition of PG&E’s electric assets that serve San Francisco.
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Transmission
The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) on July 8 announced it has closed a loan up to $3.26 billion to AEP Texas that will finance approximately 100 transmission projects across Texas.
wind turbines
Salt River Project and Pattern Energy have signed a power purchase agreement for 600 megawatts of wind energy from Pattern Energy’s SunZia Project.
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Reliability
The City of Wamego, Kansas, is taking a major step forward in strengthening its electric utility system with the recent delivery of four CAT 3 megawatt generators, the Kansas Municipal Energy Agency reported in its newsletter.
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Bonds and Financing
The Public Power Generation Agency (PPGA), which includes the Municipal Energy Agency of Nebraska and four other electric utilities, recently completed a bond refunding on the Whelan Energy Center Unit 2 (WEC 2) project located near Hastings, Neb.