
Western Massachusetts Electric Company (WMECo) was founded in 1927 and is headquartered in West Springfield, Massachusetts, serving the electric utility needs of customers across the region. The company provides a range of services, including electric distribution, customer support, and energy efficiency programs, playing a vital role in ensuring reliable power supply and sustainability initiatives.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
ES 5.90% 2034-09-15 USDWestern Massachusetts Electric Company | United States | 2034-09-15 | 5.900 | 5.27 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
WMECo has a history of bond issuances since its early years, with significant milestones including a $200 million bond issuance in 2020 aimed at financing infrastructure improvements and renewable energy projects. Currently, its bonds yield approximately 3.5%, which is competitive within the utility sector. Notably, WMECo's bonds are known for their call features, allowing early redemption under certain conditions, thus providing additional flexibility to investors. Recent news suggests ongoing efforts to expand their green financing through green bonds, aligning with the company's commitment to sustainability.