TVA issues $500M in bonds to fund green energy projects

10-Year maturity bonds are TVA’s first sustainability-focused financial instrument.

The Tennessee Valley Authority, power supplier to most of Northern Alabama, has issued $500 million in bonds to support capital investment in renewable energy, transmission and storage, and development of advanced clean energy technologies. “A potential TVA solar project in northern Alabama and a potential TVA energy storage project in eastern Tennessee — both still…

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