AKRON, Ohio, Oct. 23, 2022 /PRNewswire/ — Power Harbor Corp. introduced as we speak CICERO Shades of Inexperienced (CICERO Inexperienced), an internationally acknowledged main supplier of impartial, research-based evaluations of inexperienced bond and sustainability financing frameworks, accomplished a second-party opinion on Power Harbor’s inexperienced bond framework and has issued a Medium Inexperienced shading on a scale of Mild, Medium and Darkish. CICERO Inexperienced’s evaluation aligns with the Worldwide Capital Markets’ Affiliation’s Inexperienced Bond Rules.Â
Power Harbor’s inexperienced bond framework contains its present $285 million Air pollution Management Income Refunding Bonds, which have been initially issued to finance building of air, water and waste management amenities at its nuclear energy crops. The Medium Inexperienced score from CICERO Inexperienced signifies the initiatives included within the Power Harbor $285 million portfolio characterize vital steps in the direction of the long-term local weather imaginative and prescient.
Earlier this 12 months, Power Harbor introduced its plan to grow to be a 100% carbon free infrastructure firm in 2023. The creation and grading of the Inexperienced Bond Framework displays Power Harbor’s dedication to the essential function nuclear know-how performs in making a carbon free energy sector by 2035 and addressing local weather change.
“The Medium Inexperienced score from CICERO Inexperienced is a primary for Power Harbor and displays our deal with clear energy infrastructure that produces electrical energy freed from carbon emissions,” mentioned Tanya Rohauer, Power Harbor Senior Vice President, Business Finance and Treasurer.
About Power Harbor
Power Harbor is a extremely dependable supplier of carbon free baseload electrical energy dedicated to Environmental, Social and Governance (ESG) ideas essential to assembly the nation’s emissions objectives and accelerating the nation’s clear vitality transition. Our success is pushed by our unwavering worker dedication to secure, dependable operations, monetary stability and finest at school service to fulfill the vitality and sustainability wants of our prospects.
For extra data on Power Harbor go to www.energyharbor.com
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SOURCE Power Harbor
