Midland Cogeneration Venture, established in 1990 and located in Midland, Michigan, is a leading independent power producer focused on the generation of efficient and reliable energy. The company operates a 1,600-megawatt natural gas-fired cogeneration facility, providing electricity and steam to local industries while supporting the energy needs of the region.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MIDCOG 6.00% 2025-03-15 USDMidland Cogeneration Venture | United States | 2025-03-15 | 6.000 | 5.96 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Midland Cogeneration Venture commenced its bond issuances in the early 1990s, with notable offerings tied to its operational expansion and infrastructure improvements. Recently, the company issued bonds with yields competitive in the utility sector, reflecting a commitment to maintaining favorable financial conditions amid shifting market dynamics. The most significant issuance to date was a $250 million bond in 2021, aimed at refinancing existing debt and funding new energy efficiency projects, which included special features like step-up interest rates to attract investors.