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September 29, 2021

News
Lower Colorado River Authority Transmission Services Corp. (TSC) Series 2021A Fitch Rating

The 'A+' rating reflects the financial profile of TSC and the regulatory framework for transmission providers in the Electric Reliability Council of Texas (ERCOT) market, in which TSC operates. TSC builds, operates and maintains transmission assets across ERCOT, including in areas outside its traditional wholesale power service territory.

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September 24, 2021

News
S&P Ratings Direct LCRA TSC Series 2021A

S&P Global Ratings assigned its 'A' rating to the Lower Colorado River Authority (LCRA), Texas' $247.875 million series 2022 refunding revenue bonds and $170.65 million series 2021A transmission contract refunding revenue bonds.

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September 23, 2021

News
TSC Series 2021 Notice

On September 22, 2021, the Board of Directors of the LCRA Transmission Services Corporation (the “Corporation”) and the Board of Directors of the Lower Colorado River Authority (“LCRA”) adopted resolutions delegating the authority to an authorized representative of LCRA to approve the issuance of one or more series of bonds as Transmission Contract Debt (as defined below) in a maximum aggregate principal amount not to exceed $250 million for the purposes of (i) refunding certain outstanding Transmission Contract Revenue Notes (as defined below), (ii) funding a debt service reserve fund for such any such bonds and/or (iii) paying costs of issuance for any such bonds.

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January 21, 2021

News
Voluntary Notice Of Potential Bond Issuance

     On January 20, 2021, the Board of Directors of the LCRA Transmission Services Corporation (the “Corporation”) and the Board of Directors of the Lower Colorado River Authority (“LCRA”) adopted resolutions delegating the authority to an authorized representative of LCRA to approve the issuance of one or more series of bonds as Transmission Contract Debt (as defined below) in a maximum aggregate principal amount not to exceed $600 million for the purposes of (i) refunding certain outstanding Transmission Contract Debt, (ii) funding a debt service reserve fund for such any such bonds and/or (iii) paying costs of issuance for any such bonds.
     LCRA currently contemplates utilizing such authority to price one series of fixed rate bonds (the “Proposed Bonds”) up to the maximum authorized principal amount of $600 million in February 2021* through a negotiated sale to a syndicate of underwriters led by BofA Securities, Inc. as senior manager.

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April 20, 2020

News
S&P Bulletin On LCRA COVID-19 Risk Mitigation

S&P Global Ratings said today that the Lower Colorado River Authority, Texas (LCRA) and affiliate Transmission Services Corp.'s (TSCorp.) (A/Stable) robust liquidity, strong margins, and flexible capital plan position the authority well for
evolving events related to the COVID-19 pandemic.

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September 30, 2019

News
LCRA bond sale will keep its Texas electric transmission system growing

See Attached Bond Buyer Article dated 9/30/2019

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News
Lower Colorado River Authority Launches Investor Relations Site

The Lower Colorado River Authority, a political subdivision of the state of Texas, has joined a new investor relations site to provide investors with an easy way to find information about LCRA’s upcoming bond offerings.

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