Oso Grande Wind at Sunset

Green Bonds

August 2020 Issuance

In 2020, TEP completed a green bond issuance of $300 million (1.50% Senior Notes due 2030).

Below are links to a description of the Eligible Green Project, to which TEP has allocated the green bond net proceeds ($296.1 million), TEP’s management assertion letter, and the independent accountants’ attestation report.

Facts at Your Fingertips

  • Total Project Cost:  Approx. $444 million
  • In Service:  May 2021
  • Location:  Roswell, NM
  • Capacity:  250 MW