July 21, 2023

Kestrel provides an external review for Sacramento Municipal Utility District (SMUD)

Kestrel provided an external review on the alignment of the bonds with the CBI Electrical Grids and Storage criteria. The 2023 Series K Bonds refund commercial paper that financed improvements to the transmission and distribution system. The Climate Bonds certification highlights SMUD’s ambitious goal to eliminate carbon emissions from electricity production by 2030 and their leadership among electric utilities in the US.