Virginia Power Fuel Securitization LLC, established in Richmond, Virginia, serves to manage fuel cost recovery through a unique securitization structure. The company specializes in the issuance of asset-backed securities, which enable it to finance fuel-related expenses efficiently, providing a streamlined approach to handling market volatility in energy costs.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| VIRPFS 4.88% 2033-05-01 USDVirginia Power Fuel Securitization LLC | United States | 2033-05-01 | 4.877 | 4.06 |
| VIRPFS 5.09% 2029-05-01 USDVirginia Power Fuel Securitization LLC | United States | 2029-05-01 | 5.088 | 5.26 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Virginia Power Fuel Securitization has issued a series of bonds designed to stabilize fuel costs for its stakeholders. Notably, its first major bond issuance occurred in 2007, which paved the way for subsequent offerings that have garnered significant investor interest due to their favorable yields. Currently, the bonds yield competitively compared to the broader energy sector, with a noteworthy feature being the inherent protection against fluctuating fuel prices. The company remains vigilant regarding market conditions and has recently undertaken efforts to adapt its offerings, ensuring strategic alignment with evolving industry standards.