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Gordon Bubolz to be inducted into Wisconsin Conservation Hall of Fame

The Wisconsin Conservation Hall of Fame will honor Gordon Bubolz for his work to restore the Fox River and preserve thousands of acres of public lands.

Jermond Lamont Ellefson

Jermond Lamont Ellefson (Jerry) June 16, 1930-December 30, 2021. Dad started out life on a farm near Ridgeland, Wisconsin. His Dad, Lyndon, became manager of a local Farmers Union Co-op

Jermond Lamont Ellefson

Jermond Lamont Ellefson (Jerry) June 16, 1930-December 30, 2021. Dad started out life on a farm near Ridgeland, Wisconsin. His Dad, Lyndon, became manager of a local Farmers Union Co-op

Wisconsin utility turns to ABS market to fund shutdown of coal power plant

The single-class, Triple A rated transaction, WEPCo Environmental Trust Finance I 2021, is expected to raise US$118.81m and will be secured by a special fee the utility will collect from its customers. Barclays is the lead underwriter. In November 2020, the Wisconsin state legislature approved the bond issuance for WEPCO to recover US$100m of the undepreciated costs associated with the environmental control activities at the Pleasant Prairie Power Plant. This kind of securitization can lower the cost to customers on a present value basis compared with other methods of financing. In a pre-sale report, Fitch estimated the net present value benefits from securitization were around US$41m compared with traditional utility ratemaking.

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