Nevada Power Company, founded in 1906 and headquartered in Las Vegas, Nevada, is dedicated to providing reliable electric service to its customers across Southern Nevada. As a subsidiary of NV Energy, Inc., the company plays a vital role in delivering essential energy solutions, including the generation, transmission, and distribution of electricity to residential and commercial sectors within the region.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BRKHEC 2.40% 2030-05-01 USDNevada Power Company | United States | 2030-05-01 | 2.400 | 4.06 |
| BRKHEC 3.13% 2050-08-01 USDNevada Power Company | United States | 2050-08-01 | 3.125 | 5.80 |
| BRKHEC 3.70% 2029-05-01 USDNevada Power Company | United States | 2029-05-01 | 3.700 | 4.08 |
| BRKHEC 5.38% 2040-09-15 USDNevada Power Company | United States | 2040-09-15 | 5.375 | 5.25 |
| BRKHEC 5.45% 2041-05-15 USDNevada Power Company | United States | 2041-05-15 | 5.450 | 5.36 |
| BRKHEC 5.90% 2053-05-01 USDNevada Power Company | United States | 2053-05-01 | 5.900 | 5.75 |
| BRKHEC 6.00% 2054-03-15 USDNevada Power Company | United States | 2054-03-15 | 6.000 | 5.75 |
| BRKHEC 6.25% 2055-05-15 USDNevada Power Company | United States | 2055-05-15 | 6.250 | 6.18 |
| BRKHEC 6.65% 2036-04-01 USDNevada Power Company | United States | 2036-04-01 | 6.650 | 5.47 |
| BRKHEC 6.65% 2036-04-01 USDNevada Power Company | United States | 2036-04-01 | 6.650 | 5.14 |
| BRKHEC 6.75% 2037-07-01 USDNevada Power Company | United States | 2037-07-01 | 6.750 | 5.27 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Nevada Power has a long history of bond issuances, with its first significant issuance occurring in the 1980s as part of its strategy to finance infrastructure development. The company’s recent bond offerings include a $500 million issuance in 2021, which featured attractive yields compared to industry averages, reflecting strong investor demand. Notably, Nevada Power's 30-year bonds were structured with a callable feature, allowing flexibility in refinancing under favorable conditions. In recent news, the company announced its plan to issue additional bonds to support renewable energy projects, aligning with its commitment to sustainable energy solutions.