Green Bond Fact Sheet

This fact sheet from the Climate Bonds Initiative details a USD 700 million green bond issued by the Public Service Company of Colorado on June 21, 2018, to fund wind energy infrastructure.

• The Public Service Company of Colorado issued a USD 700 million senior secured green bond on June 21, 2018, with a maturity date of June 15, 2048 and a tenor of 30 years.
• The proceeds from the bond are designated to fund the operation, construction, and development of a 600 MW wind generation facility located at Rush Creek in Colorado, including the necessary transmission infrastructure.
• The bond was issued in two tranches known as "First Mortgage Bonds" and is secured by a first mortgage lien on the electric utility properties of the issuer.
• The issuer, a wholly owned subsidiary of Xcel Energy, committed to annual reporting regarding the allocation of proceeds and the environmental impacts of eligible green expenditures.
• The Climate Bonds Initiative noted that the bond lacked an external review and suggested that more prominent green labelling would have increased its visibility, given that proceeds are used exclusively for eligible green assets.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-06%20US%20Public%20Service%20Company%20of%20Colorado.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-06%20US%20Public%20Service%20Company%20of%20Colorado.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=13 July 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-06%20US%20Public%20Service%20Company%20of%20Colorado.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 = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2018-06%20US%20Public%20Service%20Company%20of%20Colorado.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }