ERP Operating Limited Partnership, founded in 2008 and headquartered in Houston, Texas, specializes in the development and operation of energy and infrastructure projects across North America. The company primarily focuses on providing innovative solutions in the renewable energy sector, delivering services that include project management, operational support, and strategic consulting.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, ERP Operating Limited Partnership has issued several notable bonds to finance its projects, with the first issuance occurring in 2010. Among its significant bond offerings is the $300 million green bond issued in 2021, which was dedicated to expanding solar energy initiatives and was well-received in the market with a yield that outperformed the industry average by 50 basis points. In 2023, the company announced plans for a new series of bonds aimed at further enhancing its renewable energy portfolio, featuring a unique step-up interest rate structure designed to attract long-term investors amid a shifting market landscape.