SoCal Edison preps new recovery bond offering
The deal is the second securitized transaction floated under recent California state legislation authorizing a flurry of utility securitizations.
The deal is the second securitized transaction floated under recent California state legislation authorizing a flurry of utility securitizations.
Taking each element of ESG – environment, social, governance – a dv01 principal says the firm is gathering the comprehensive list of authoritative sources and entities needed to build an ESG definition.
Ratepayer bond securitizations have helped utilities defray litigation expenses or finance 'stranded costs' related to deregulation since the '90s . A new wave appears imminent, driven by green-energy conversion needs and relieving the burden of pandemic-related consumer assistance.
The Georgia lenders provides financing through a platform available through 16,000 merchants nationwide, including The Home Depot.