Citizens Energy Group and CWA Authority Joint Meeting Minutes August 2025
Citizens to Issue $40M Bonds via Indiana Finance Authority
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Description
Citizens Board approved issuance of up to $40 million in Series 2025 Water Bonds with the Indiana Finance Authority, funding the Whitestown Water System purchase with proceeds managed through a newly formed LLC and lease arrangement.
Contract Details
Contract Amount
Not to exceed $40,000,000 (Series 2025 Bonds, loan proceeds)
Vendor
INDIANA FINANCE AUTHORITY
Agency
Citizens Energy Group, IN
Contract Type
FINANCIAL_SERVICES
Document Date
August 20, 2025
Contract Term
Bonds may mature up to 40 years from issuance; authorization effective through December 31, 2026
Renewal Date
2026-12-31
Renewal Info
Authorization and delegations for bond issuance effective through December 31, 2026; additional underwriters or credit providers to be selected as needed.
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Citizens Energy Group and CWA Authority Joint Meeting Minutes August 2025
Citizens Energy Group and CWA Authority Joint Meeting Minutes August 2025
Citizens Energy Group and CWA Authority Joint Meeting Minutes August 2025
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