Green Bond Fact Sheet

The Porter Special Utility District issued a USD13m US Muni green bond on September 1, 2019, to finance water infrastructure projects including wells, waterline relocation, and storage tanks in Southeastern Montgomery County, Texas. The bond has an AA credit rating from S&P and a maturity date of December 1, 2045, but lacks certification and a formal reporting commitment.

• The Porter Special Utility District issued a USD13m US Muni green bond on September 1, 2019, with a maturity date of December 1, 2045, and a credit rating of AA from S&P.
• Proceeds from the bond are allocated to water and wastewater infrastructure, including water wells, waterline relocation, a water plant ground storage tank, a waterline crossing, a water plant connection, and buildings for the district office and maintenance supply, in addition to bond issuance costs.
• The bond is not certified and the issuer has made no stated commitment regarding reporting, though the Climate Bonds Initiative encourages the adoption of allocation and impact reporting for transparency.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-09_US_Porter-Special-Utility-District.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-09_US_Porter-Special-Utility-District.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=2 October 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-09_US_Porter-Special-Utility-District.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = oct, url = {https://www.climatebonds.net/files/drupal-files/files/2019-09_US_Porter-Special-Utility-District.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }