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  4. Narragansett Electric Co

Narragansett Electric Co Bonds

Narragansett Electric Co, founded in 1892 and headquartered in Providence, Rhode Island, serves as a crucial energy provider focused on delivering reliable electricity to residential and commercial customers throughout the region. The company plays a pivotal role in advancing energy efficiency and integrating renewable energy sources into the grid.

Bond NameCountryMaturityCoupon(%)
NGGLN 3.40% 2030-04-09 USDNarragansett Electric CoUnited States2030-04-093.3954.32
NGGLN 3.40% 2030-04-09 USDNarragansett Electric CoUnited States2030-04-093.3954.32
NGGLN 3.92% 2028-08-01 USDNarragansett Electric CoUnited States2028-08-013.9194.01
NGGLN 3.92% 2028-08-01 USDNarragansett Electric CoUnited States2028-08-013.9194.01
NGGLN 4.17% 2042-12-10 USDNarragansett Electric CoUnited States2042-12-104.1705.65
NGGLN 4.17% 2042-12-10 USDNarragansett Electric CoUnited States2042-12-104.1705.65
NGGLN 5.35% 2034-05-01 USDNarragansett Electric CoUnited States2034-05-015.3504.87
NGGLN 5.35% 2034-05-01 USDNarragansett Electric CoUnited States2034-05-015.3504.87
NGGLN 5.64% 2040-03-15 USDNarragansett Electric CoUnited States2040-03-155.6385.35
NGGLN 5.64% 2040-03-15 USDNarragansett Electric CoUnited States2040-03-155.6385.35
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Company overview and issue history are AI generated, and should not be cited or relied on without verification.

Narragansett Electric Co issue history

Narragansett Electric Co first issued bonds in 1925, underpinning its growth and infrastructure development. Notably, in 2020, the company executed a successful $100 million bond issuance to support enhancements to its electrical grid, achieving yields competitive with industry standards at around 3.5%. Recent news highlights an ongoing commitment to sustainability, with bond proceeds specifically allocated to projects aimed at reducing carbon emissions, enhancing the firm’s environmental profile.