Green Bond Fact Sheet

A fact sheet detailing a USD 35 million green bond issuance by the Placer County Public Financing Authority to refinance the mPower Placer Program, a PACE-equivalent initiative for energy and water efficiency in California.

• The Placer County Public Financing Authority issued USD 35 million in green bonds (consisting of a two-trance issue and a USD 5 million private placement) on June 28, 2018, with a maturity date of October 28, 2038.
• Bond proceeds are designated to refinance loans and revenue bonds for the mPower Placer Program, which functions as a PACE (Property Assessed Clean Energy) program to fund water conservation, energy efficiency, and renewable energy for commercial and residential buildings.
• The Climate Bonds Initiative identifies this issuance as the first instance of a US Municipal bond using green bonds to finance a PACE program.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-06%20US%20Placer%20County%20Public%20Financing%20Authority.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-06%20US%20Placer%20County%20Public%20Financing%20Authority.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=26 June 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-06%20US%20Placer%20County%20Public%20Financing%20Authority.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = jun, url = {https://www.climatebonds.net/files/drupal-files/files/2018-06%20US%20Placer%20County%20Public%20Financing%20Authority.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }