Minnesota Community Energy Prepaid Gas Deal
Sector: Natural Gas • Location: Minnesota, United States
Source: Bond Buyer
Minnesota Community Energy issued $803 million of prepaid gas bonds to secure a long-term supply of natural gas at a discounted rate. The bonds will allow the issuer to prepay Pierpont Energy for gas delivered over 30 years, which will then be sold to municipal participants to provide gas to retail customers at reduced costs. The deal was delayed due to market volatility caused by the Iran war but
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Minnesota Community Energy issued $803 million of prepaid gas bonds to secure a long-term supply of natural gas at a discounted rate. The bonds will allow the issuer to prepay Pierpont Energy for gas delivered over 30 years, which will then be sold to municipal participants to provide gas to retail customers at reduced costs. The deal was delayed due to market volatility caused by the Iran war but was priced successfully with 5% coupons. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |