October 30, 2025

Energy Southeast Completes $405.4 Million Prepaid Energy Transaction

Energy Southeast, a Cooperative District, has completed a $405.44 million prepaid energy transaction involving long-term supplies of electricity and natural gas for public power participants in Alabama and Florida. The transaction was financed through Energy Southeast’s 2025 Series A Energy Supply Revenue Bonds.

The transaction will provide approximately 30 years of energy supplies for the Alabama Municipal Electric Authority, Florida Municipal Power Agency and Riviera Utilities in Foley, Alabama. Through the structure, Energy Southeast will provide electricity and natural gas to the participating utilities under long-term supply contracts that include specified discounts.

The Goldman Sachs Group, Inc. serves as the funding agreement provider, with J. Aron & Company LLC supplying the electricity and natural gas needed to support the transaction.

The prepaid energy structure is designed to help the participating utilities secure reliable, long-term energy supplies at favorable prices. Savings generated through the transaction will benefit the participating utilities, their members and the retail customers they serve while supporting reliable and economical utility service.

The transaction further advances Energy Southeast’s efforts to provide public power utilities with access to innovative energy prepayment solutions that can deliver long-term value and lower energy costs.

To learn more about energy prepayment and Energy Southeast, A Cooperative District, please visit energysoutheast.org.

Energy Southeast, A Cooperative District, is Public Power’s Partner in Energy Prepayment.