Massachusetts Clean Energy sets $50.95 million bond offering

By Sheri Kasprzak

New York, April 15 - The Massachusetts Clean Energy Cooperative Corp. plans to price $50,945,000 of series 2013 revenue bonds, according to a preliminary official statement. Pricing is expected during the week of April 15.

The bonds (A1//A+) will be sold through senior manager Wells Fargo Securities LLC.

The bonds are due 2015 to 2028 with a term bond due in 2032.

Proceeds will be used to finance the acquisition of the net capability of the Hadley Falls Facility.

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