Piedmont Municipal Power Agency, founded in 1984 and headquartered in South Carolina, serves as a key provider of electricity to municipal systems in the region. The agency focuses on delivering reliable, cost-effective power while ensuring sustainable energy practices and resource management.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PIEPWR 7.04% 2034-01-01 USDPiedmont Municipal Power Agency | United States | 2034-01-01 | 7.036 | 4.97 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Piedmont Municipal Power Agency has been active in the bond market, first issuing bonds to finance its energy projects in the late 1980s. Notable issuances include the $200 million bond offering in 2016 aimed at infrastructure improvements, which received an Aa3 rating from Moody's. Currently, yields on its bonds are competitive within the municipal bond space, reflecting strong fiscal health and investor confidence. Recent developments include the agency's initiatives to expand renewable energy sources, which may impact future bond offerings and financing strategies.