Newfoundland Power Inc., founded in 1999 and based in St. John's, Newfoundland and Labrador, is a leading utility company dedicated to providing safe, reliable electricity to over 270,000 customers across the province. The company focuses on distributing and generating electric power, ensuring a sustainable energy future for its community while adhering to stringent safety and environmental standards.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FTSCN 4.81% 2043-11-09 CADNewfoundland Power Inc. | Canada | 2043-11-09 | 4.805 | 5.30 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Newfoundland Power has a history of bond issuances dating back to its inception, with significant milestones including a $150 million bond offering in 2017 that supported infrastructure upgrades. As of 2023, the company’s bond yields are competitive within the utility sector, reflecting its stable operational performance and robust credit rating. The company also introduced green bonds in 2021, aimed at funding renewable energy projects, which have drawn attention from socially responsible investors.