Panoche Energy Center, located in California, is a leading provider of renewable power generation, focusing on solar and energy storage solutions. Founded to support the growing demand for clean energy, the facility plays a crucial role in the integration of renewable resources into the energy grid. Key services include clean energy generation and innovative storage technologies designed to enhance energy reliability and sustainability.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PANOCH 6.89% 2029-07-31 USDPanoche Energy Center | United States | 2029-07-31 | 6.885 | 15.22 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Panoche Energy Center has actively engaged in the bond market since its inception, with notable issuances including a $150 million bond in 2017 aimed at financing the expansion of its energy storage capabilities. This issuance featured a unique fixed-rate structure, appealing to institutional investors seeking stable returns. Currently, the bonds are yielding around 4.5%, aligning closely with industry standards, and reflect the growing interest in sustainable investments. Recent news highlights the Center's commitment to sustainability, potentially impacting future bond offerings as they expand their operational footprint in renewable energy solutions.