![Dawson PPD bond debt 2013-2022 Dawson PPD bond debt 2013-2022](https://dawsonpower.com/wp-content/uploads/2023/02/Dawson-PPD-debt.png)
Dawson PPD uses bonds to finance big construction projects. These bonds were issued at favorable rates. They will be paid back over several years, by the ratepayers who benefit from the construction projects. These projects have improved the reliability, capacity and efficiency of Dawson PPD’s electric grid.
Dawson PPD is current on its loans and bond payments. The district has an “A” bond rating, which provides access to good interest rates. Equity as a percent of assets is at 68.37 percent; another good indicator of financial well-being.
In the proposed merger, Dawson PPD and the Central Nebraska Public Power and Irrigation District have different business models. Dawson PPD borrows money for improvements. Central saves money before starting improvements. Platte River Public Power and Irrigation District will keep the financials of the businesses separate – meaning that each division of the business is individually accountable.
OTHER NEWS
CNPPID and Dawson PPD plan to refile merger petition with Nebraska Power Review Board
The Nebraska Power Review Board has held that it cannot approve the merger petition between The Central Nebraska Public Power and Irrigation District and Dawson Public Power District based on a technical issue in the charter documents.
Dawson PPD partners with NEF to secure $15 million USDA grant
Dawson Public Power District is pleased to partner with the Nebraska Enterprise Fund on launching a new $15 million loan fund to support meat and poultry processing. The U.S. Department of Agriculture recently awarded a $15 million grant to NEF to support the...
Laguna-Gutierrez receives $2,000 Dawson PPD Utility Line Scholarship
Dawson Public Power District has awarded Juan Laguna-Gutierrez a $2,000 utility line scholarship to pursue his degree. Laguna-Gutierrez is a student at Lexington High School and is the son of Juan Laguna-Sanchez and Alejandra Gutierrez-Alvarado.