Green Bond Fact Sheet
Summary
The Mountain Regional Water Special Service District Summit County issued a USD 26 million US Municipal green bond on November 14, 2019, to refund previously issued water revenue bonds.
Key insights
- On November 14, 2019, the Mountain Regional Water Special Service District Summit County issued a US Municipal green bond totaling USD 26 million with a maturity date of December 15, 2034 and a tenor of 15.1 years. The proceeds from this issuance are designated for refunding previously issued water revenue bonds, specifically targeting water distribution and water treatment.
- The issuer, Mountain Regional Water Special Service District, is a governmental public water supply entity established in 2000 and governed by the Summit County Council to unify, repair, and upgrade water systems in western Summit County, Utah. This issuance is noted as the second US Municipal bond from Utah to enter the market and the first to obtain assurance.
- The bond is categorized as a Government-Backed Entity issuance and is included in the CBI Database. It does not have a Green Bond Framework, a second party opinion, or certification, and there is no stated reporting commitment regarding the allocation and impact of the proceeds.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-11_US_Mountain_Regional_Water_Special_Service_District_Summit_County.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-11_US_Mountain_Regional_Water_Special_Service_District_Summit_County.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=19 November 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-11_US_Mountain_Regional_Water_Special_Service_District_Summit_County.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 = nov, url = {https://www.climatebonds.net/files/drupal-files/files/2019-11_US_Mountain_Regional_Water_Special_Service_District_Summit_County.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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