Enercare Connection Inc, founded in 2002 and headquartered in Ontario, Canada, is a leading provider of energy and water conservation services, helping residential and commercial customers enhance efficiency and sustainability. The company specializes in offering various home services, including HVAC solutions, water heater rentals, and energy efficiency programs.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ENICN 3.78% 2030-05-13 CADEnercare Connection Inc | Canada | 2030-05-13 | 3.779 | 2.81 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Enercare Connection Inc first initiated its bond issuances in 2016, aligning with its growth strategy and expansion in the energy sector. Notable issuances include the $200 million bond in 2020, which was instrumental in financing their strategic asset acquisitions. As of late 2023, the average yield on Enercare’s bonds stands at 4.5%, positioning them competitively within the utility sector. The company's bonds are uniquely structured with step-up features, providing investors with increasing returns over time. Recent developments include a reaffirmation of their credit ratings, reflecting strong operational performance and a stable revenue outlook.