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WMMPA is a municipal joint action agency, created to finance and acquire resources on behalf of MRES, a power supply joint action agency that lacks financing authority.
WMMPA expects to price the bonds the week of June 18, 2018.
FINANCING AND POWER SUPPLY AGENCY: WMMPA is a municipal joint action agency, created to finance and acquire resources on behalf of MRES, a power supply joint action agency that lacks financing authority.
STRONG CONTRACTUAL AFFILIATION: WMMPA has sold the entitlement to its resources to MRES via the PSC, which enables MRES to supply supplemental power to its 61 municipal members under long-term take-and-pay power sales agreements.
EXPANDING RESOURCE BASE: Concerns regarding reliance on the coal-fired Laramie River Station (LRS) for energy supply are lessened given the agency's participation in organized power markets and the recent expansion of WMMPA's resource portfolio.
LONG-TERM AND COMPETITIVELY-COST SUPPLIES THROUGH WAPA AND WMMPA
Power supplied by MRES is generated and/or procured by WMMPA, a municipal joint action agency created to finance and acquire resources on behalf of MRES.
WMMPA maintains a sizeable portfolio of competitively priced power ($58/MWh in 2016) as well as extensive transmission facilities sufficient to meet the power supply needs of its members.
Stan Blaine, marketing coordinator for the WMMPA said his association's membership is "concerned that more environmental over-reaction will be supported by the new electees."
Stan Blaine, marketing coordinator for the WMMPA, said that the industry is in good shape overall, but that the economic woes in Asia are having an effect.
Unable to do anything about the Asian economy, Blaine says the WMMPA is "recruiting international members and educating them about the problems faced by the industry."
Blaine said the WMMPA was very pleased with its two membership meetings this year, during which a number of important issues were discussed.
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