CONTRACTDISCUSSED

Citi Bank Letter of Credit for Facility

Oregon Department of Energy logoOregon Department of Energy
Disclosed value
approximately U.S. $46,000,000
From staffreport
Document date
Sep 4, 2026
Renews
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The 30-second brief

What it covers

Council reviewed Citi Bank’s potential role in providing a letter of credit for decommissioning the proposed energy facility. The nonbinding letter referenced approximately $46 million in credit support during 2027 for a tenure of about 40 years.

Who holds it

Citi Bank holds this financial services contract with Oregon Department of Energy. Its other public contracts on record include work for Housing Authority of the city of Los Angeles and West Metro Fire-Rescue District.

What happens next

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Contract details

Contract type
Financial Services
Amount
approximately U.S. $46,000,000
Document date
September 4, 2026
Term
during 2027; tenure of approximately 40 year(s)
Renews
On record
Vendor
Citi Bank
Source document
Oregon Department of Energy StaffReport Yellow Rosebush Energy Center Contested Case Order Review 2026-09-04 (StaffReport)

Citi Bank's other public contracts

More Oregon Department of Energy contracts

Questions about this contract

Who was awarded the financial services contract by Oregon Department of Energy?

Citi Bank was awarded this financial services contract by Oregon Department of Energy, as recorded on September 4, 2026. The contract value is approximately U.S. $46,000,000.

How much is the Citi Bank contract with Oregon Department of Energy worth?

The Citi Bank contract with Oregon Department of Energy is valued at approximately U.S. $46,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in Oregon Department of Energy StaffReport Yellow Rosebush Energy Center Contested Case Order Review 2026-09-04 (StaffReport), dated September 4, 2026 from Oregon Department of Energy. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Citi Bank hold?

Citi Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Oregon Department of Energy currently buying?

Explore Oregon Department of Energy's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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