The District of Columbia Water and Sewer Authority is proposing to issue taxable fixed rate Century “Green” Bonds. The issuance is expected to be the first U.S. municipal water/wastewater utility to issue a bond with a 100-year final maturity and the first U.S. green bond issuance to include an independent 2nd party opinion.

The bonds will finance a portion of the DC Clean Rivers Project, a massive $2.6 billion effort to construct tunnels that will transport combined sewer overflows, or “CSOs”, to DC Water’s Blue Plains Advanced Wastewater Treatment Facility. The tunnels’ remediation of CSOs serves several “green” purposes including improving water quality for the District, flood mitigation and waterfront restoration.

For a copy of DC Water’s Preliminary Offering Memorandum, please visit www.dcwater.com/GreenCenturyBond