Request for Proposal for East Bay Community Energy Authority Revolving Credit Agreement Services
East Bay Community Energy Authority seeks a revolving credit facility of up to $225 million in unsecured credit to support power procurement, letters of credit, collateral requirements, and local development investments across its service territory. EBCE will award the contract to the lender whose proposal delivers the most optimal terms and responsiveness for medium- to longer-term financing needs.
Important dates
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Submission deadline
Deadline passed
AI overview
East Bay Community Energy Authority (EBCE) is seeking proposals from qualified lenders and/or financial institutions to provide financing services for the expansion of EBCE's programmatic and longer-term credit needs. Specifically, EBCE is seeking a revolving credit facility agreement with line(s) of credit up to $225 million of unsecured credit to support power procurement, issue letters of credit and meet cash collateral requirements, to enable local development and programmatic investments by EBCE, and other general working capital needs. EBCE intends to award contracts to the bidder(s) selected as the most optimal and responsive to this Request for Proposal.
Resources & contact
Proposal Document
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