Delaware Muni Power Agency Selling Debt for New Plant

McDonald, Michael
August 2001
Bond Buyer;8/22/2001, Vol. 337 Issue 31208, p4
Trade Publication
Reports the revenue bond sale of the Delaware Municipal Electric Corp. aimed to finance a natural-gas fired power plant under construction in Smyrna, Georgia. Efforts of the company to reduce wholesale electricity costs; Assistance of the municipal electric utilities to the sale; Use of the plant as an alternative to the wholesale power sources.


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