Bonds and Financing
Fitch Ratings recently affirmed the rating on bonds issued by the city of Colorado Springs, Colo., at “AA.”
Reliability
The Long Island Power Authority Board of Trustees is announcing a series of policy changes and strategic initiatives to facilitate underground transmission and distribution lines across Long Island and the Rockaways to enhance reliability and community resilience, LIPA said on Dec. 6.
Energy Storage
Texas public power utility CPS Energy has entered into a long-term storage capacity agreement with OCI Energy for a 120 megawatt/480 megawatt-hour battery energy storage project called “Alamo City ESS LLC,” which will be located in south Bexar County, Texas.
Bonds and Financing
California-based Sonoma Clean Power has issued its first bond for the purpose of lowering the cost of renewable energy.
Energy Storage
The U.S. Department of Energy’s Loan Programs Office announced a conditional commitment for a loan guarantee of up to $289.7 million to Sunwealth Holdco 18 LLC’s Project Polo.
Grid Modernization
The American Public Power Association’s Demonstration of Energy & Efficiency Developments program approved $477,961 in funding for nine public power utility projects that aim to improve utility operations and services with novel techniques and technologies.