Green Bond Fact Sheet
Summary
This fact sheet details a USD 19 million US municipal green bond issued by the Schertz-Seguin Local Government Corporation on November 15, 2018, to finance water supply infrastructure for the cities of Seguin and Schertz in Texas.
Key insights
- The Schertz-Seguin Local Government Corporation issued a US MUNI green bond on November 15, 2018, for an amount of USD 19 million with a maturity date of February 1, 2041, and a tenor of 22.2 years.
- The proceeds from the bond are designated for the development and operation of the water supply system for the cities of Seguin and Schertz. Specific projects include the construction of gathering lines from the well-field, pumping stations, water storage, treatment facilities, and a cross-country pipeline.
- The issuer is the first entity in Texas to enter the market in 2018 with a US Muni green bond. The Climate Bonds Initiative notes that the deal is significant for its intergovernmental cooperation between the cities of Schertz and Seguin.
- The Schertz-Seguin Local Government Corporation operates the wholesale water supply system for two population centres in Guadalupe County, Texas, and holds permits for twelve wells with a combined annual production capacity of 19,362 (increasing to 12,910 acre feet with the addition of two wells).
- The issuer has committed to providing annual reports on its website regarding the impact of financed projects and the allocation of proceeds.
Cite the original document
- APA
- Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-11%20US%20Schertz-Seguin%20Local%20Government%20Corporation.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-11%20US%20Schertz-Seguin%20Local%20Government%20Corporation.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=19 November 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-11%20US%20Schertz-Seguin%20Local%20Government%20Corporation.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 = nov, url = {https://www.climatebonds.net/files/drupal-files/files/2018-11%20US%20Schertz-Seguin%20Local%20Government%20Corporation.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated