Nstar Electric Company, founded in 1888 and headquartered in Massachusetts, operates as a key electric utility provider in the region, dedicated to delivering reliable electricity to its customers. The company specializes in energy distribution, offering services that include electricity generation, transmission, and maintenance of electric infrastructure to homes and businesses.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Nstar has a history of bond issuances dating back to the early 2000s, with notable offerings such as their $300 million bond issued in 2016 to refinance existing debt and improve capital efficiency. Currently, Nstar's bonds yield around 4.1%, which is competitive within the electric utility sector. Their latest issuance featured a green bond initiative aimed at financing sustainable energy projects, reflecting a growing emphasis on environmental responsibility and investment in eco-friendly energy solutions.