Nevada Business and Industry calls $73 million 2007 LVE Energy bonds

By Tali David

Minneapolis, March 1 - The director of the State of Nevada Department of Business and Industry gave notice that the issuer will redeem all $73 million of its series 2007 LVE Energy Partners, LLC Project variable-rate demand revenue bonds due Oct. 1, 2035.

The bonds will be redeemed at par plus a premium on April 1.

Zions First National Bank is the trustee.

The Las Vegas-based department administers bond programs to encourage development of business within Nevada.

LVE energy is a Las Vegas joint venture between Marina Energy LLC and DCO Energy, LLC, which are energy development companies with headquarters in New Jersey.

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