Transmission Services Corporation


Transmission Services Corporation

Issuer Type: Power/Gas

Transmission Contract Refunding Revenue Bonds


Welcome to Our Investor Relations Site

Jim Travis

Thank you for your interest in LCRA TSC. Investments in our bond program help build and maintain critical public infrastructure that provides safe and reliable transmission services to communities throughout Texas. We are committed to maintaining strong bond ratings and being as transparent as possible with the investor community and public at large.

We hope you find this website useful as you seek to better understand LCRA TSC’s credit fundamentals. Please do not hesitate to contact our office with questions or feedback.

Jim Travis, Chief Financial Officer

News & Highlights

September 29, 2021

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

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

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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