San Francisco Public Utilities Commission provides retail drinking water & wastewater services to the City of San Francisco, wholesale water to three Bay Area counties, green hydroelectric & solar power to Hetch Hetchy electricity customers, and power to the residents & businesses of San Francisco through the CleanPowerSF program.
They are comprised of three essential 24/7 service utilities: Water, Wastewater and Power. Their annual operating budget is over USD $1 billion.
Proceeds from the bonds in December 2016 and December 2017 will fund the Water System Improvement Program (WSIP), a $4.8 billion dollar, multi-year capital program to upgrade regional and local water systems. This is one of the largest water infrastructure projects in US.
|Name of Bond||
|Ongoing Compliance Reports||Further information|
|May 2016||Wastewater Series 2016 A Certified Climate Bond||USD 240m||San Francisco||Water||Sustainalytics pre issue report|
|December 2016||Water Series 2016 C Certified Climate Bond||USD 259m||San Francisco||Water||Sustainalytics pre issuance report||2017 Annual Report|
|December 2017||Water Revenue Refunding 2017 Series D and Series G||USD 121m||San Francisco||Water||Sustainalytics pre issuance report|
|December 2017||Water Revenue Bond 2017 Series A||USD 384.5m||San Francisco||Water||Sustainalytics pre issuance report|
Wastewater Series 2018
A and C
|USD 408m||San Francisco||Water||Sustainalytics pre issuance report|
|January 2020||Water Revenue Bonds 2019 Series A||USD 622.58m||San Francisco||Water||using previous pre issuance verifications|
Note: Programmatic Issuance starting from the Water Series 2016 C bond in December 2016; subsequent bonds use this same report also.