
San Antonio Tex Elec & Gas, founded in the heart of Texas, serves as a vital utility provider dedicated to delivering reliable electricity and natural gas services to residential and commercial customers. The company ensures efficient energy distribution, supporting the growing demands of its community while prioritizing customer satisfaction and sustainability.
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Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The firm has been active in the bond market since the early 2000s, with notable issuances including a $500 million green bond in 2021 aimed at funding renewable energy projects. Currently, its bond yields stand at approximately 4.5%, surpassing the industry average, reflecting strong investor confidence. Special features of their recent bonds include call options and tax-exempt status, making them attractive to long-term investors. Recent news highlights their commitment to sustainability, further driving interest in their bond offerings.