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MEDIA CONTACT:
Mark McCain, Assistant General Manager, Member Services,
Human Resources and Public Relations, 407-355-7767

MEDIA CONTACT:
Mark McCain, 407-355-7767

Wholesale electricity costs will decrease significantly for FMPA members in the next few years as debt is paid off on four of its power supply projects.
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FMPA has closed on the sale of $424 million in municipal bonds for its All-Requirements Project to refinance existing project debt.
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A credit rating upgrade was awarded to a Florida Municipal Power Agency (FMPA) electricity supply project and the high credit ratings for three other FMPA projects were affirmed.
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Despite claims to the contrary, FMPA has provided All-Requirements Project withdrawal information—also referred to as an exit cost calculation—to any member city that has requested it, including the city of Vero Beach.
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FMPA moved quickly to take advantage of a favorable interest rate market selling $424 million in municipal bonds yesterday to refinance existing debt for its All-Requirements Project.
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Fitch Ratings last Friday assigned an A+ credit rating to the Florida Municipal Power Agency’s (FMPA) All-Requirements Project with a stable rating outlook.
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Moody’s Investor Services on Feb. 10 affirmed the A2 credit rating of FMPA's All-Requirements Project with a stable rating outlook.
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FMPA today provided the Florida Auditor General with FMPA’s final report explaining how it addressed all 15 of the Auditor General’s recommendations.
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Treasure Coast Energy Center was ranked as one of the cleanest plants of its kind in the nation, according to a recently-published study based on Environmental Protection Agency data.
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Holiday wishes will come true this year for 60 children of the Children’s Home Society of Florida, thanks to thoughtful employees who have come together to help the community.
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