News
Powering Savings Powering Savings
PoweringApril 17, 2024
Energy Southeast prices third prepay bond transaction
Energy Southeast priced a third prepay bond transaction on April 16, 2024. This prepay involved the issuance of $988M in prepay bonds and set a Morgan Stanley and ESE record by providing project participants with 13.2 percent savings on electricity over the initial period. This is the second highest savings on record for prepay transactions. ...
Learn MoreOctober 28, 2023
Energy Southeast achieves another milestone with second bond closing
In a follow-up to its first transaction, Energy Southeast has once again closed another successful prepaid bond issuance. The organization priced its second prepay bond on October 18, 2023, and closed the transaction on October 27, 2023. This bond issue, with a total par value of $608 million, represents a significant step forward in Energy ...
Learn MoreJune 21, 2023
Energy Southeast successfully closes bond issuance
In a significant development for Alabama’s energy sector, Energy Southeast (ESE), a Cooperative District, priced its 1st prepay bond issuance on June 8, 2023, and successfully closed the transaction on June 20, 2023. The bond issue of $501.24 million was achieved through the concerted efforts of various stakeholders, including the Alabama Municipal Electric Authority, Morgan ...
Learn More