Prior to his tenure with the SCPPA
, Waters worked at the power authority's largest member, the Los Angeles Department of Water and Power, for 32 years - the last four of which he was the general manager and chief engineer, the highest ranking position in the $2.
was formed in 1980 to finance the acquisition of generation and transmission resources for its members, including the acquisition of renewable energy projects on behalf of its members.
issued the Bonds in 2007 to finance the purchase of a long-term gas supply for five of its members-the Cities of Anaheim, Burbank, Colton, Glendale, and Pasadena, California.
STRONG PARTICIPANT CREDIT QUALITY: The rating reflects the credit profiles of the largest participants in the SCPPA
STS project and their respective participation shares in the project.
The winners of the ESNA Innovation Award are Notrees Wind Energy Storage, SCPPA
Thermal Energy Storage Program, Santa Rita Jail Smart Grid, and Grid on Wheels.
is a joint powers authority and a public entity organized under the California Joint Exercise of
Payment of the consent fees will be a non-recourse obligation of SCPPA
payable solely from and to the extent of amounts paid by J.
STRONG MARKET VALUE: Both the Mead-Adelanto and Mead-Phoenix projects provide SCPPA
members with 500-kilovolt (kv) transmission capacity to import power from other SCPPA
projects, primarily the Palo Verde Nuclear Generating Station and the San Juan Unit No.
Amend the prepaid gas natural gas sales agreements between SCPPA
Canyon project bonds are secured by a power supply agreement with APU, the sole purchaser of the project output.
is targeting proposals for renewable resources with commercial operation starting in 2019 and beyond, but resources commencing operation sooner will be considered.
For additional information, see Fitch's press release, 'Fitch assigns 'AA-' Bank Bond Rating to SCPPA
Power Project Revs (Palo Verde Proj), dated June 13, 2012.