Clean Power Alliance has been recognized by The Bond Buyer national trade publication for excellence in financing for a public purpose. CPA is the winner in the Green Financing category for $1.52 billion in clean energy project revenue bonds issued in September 2024. The Bond Buyer noted: “As the largest renewable energy prepayment financing, this transaction secured 30 years of solar and storage, enabling CPA to serve over 225,000 homes annually with clean energy. The bond structure achieved record customer savings and demonstrated how large-scale green financings can make a lasting environmental and economic impact.”
The Bond Buyer judged entries through many factors including “creativity, the ability to pull a complex transaction together under challenging conditions, the ability to serve as a model for other financings, and the public purpose for which a deal’s proceeds were used.”
CPA will be honored with the green financing award at a ceremony Dec. 3 in New York City.
CPA is also a finalist for the National Deal of the Year Award; the winner will be announced at the event.
