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PEDFA |
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The 2005 series F and G bonds are being issued by PEDFA to refinance the 1994 series D and E bonds used to fund the initial costs of developing the Colver Power Project, a 111 MW bituminous waste-coal-fired generation facility operating on circulating fluidized bed (CFB) technology located in Cambria County, PA. Principal and interest on the PEDFA bonds will be payable from, and secured by, a pledge of installment payments under a separate loan agreement with Seward which in turn is guarantee by RRI. |
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