The City of Edmonds, Washington, is located approximately 10 miles north of Seattle, in northeast United States. Its City Sewer system serves over 40,000 residents and businesses through a regional wastewater treatment plant. The City is one of 65 in the United States, to be recognized by the Water Environment Federation as operating a “Utility of the Future Today.” This recognition is for the achievements of water utilities that are engaged in advancing resource efficiency and recovery, developing proactive relationships with stakeholders, and establishing resilient, sustainable, and livable communities.
The proceeds from the green bond will be used to replace a sanitary sewage incinerator with a Carbon Recovery and Biosolids Pyrolysis Project. The pyrolysis project will produce biochar and reduce the carbon emissions associated with disposal of the biosolids. The project would reduce overall energy use and pollution.
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DATE OF ISSUE |
TYPE OF INSTRUMENT |
SIZE |
TENOR |
COUNTRY OF ISSUE |
CLIMATE BONDS SECTOR CRITERIA |
VERIFIER'S REPORT |
ANNUAL REPORT | FURTHER INFORMATION |
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| November 2020 | US Municipality | USD 13.875m | up to 25 years | United States |
Water |
Pre Issuance Verification |
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EMMA Offering Statement |