California Community Choice Aggregator Earns “A” Credit Rating From S&P

Public Power Daily

California community choice aggregator (CCA) East Bay Community Energy (EBCE) has been given an “A” issuer credit rating from S&P Global Ratings.

S&P cited EBCE’s solid financial performance. At fiscal year-end 2021, EBCE had no debt outstanding.

The rating agency also said that EBCE’s environmental risk exposure is low, based on its predominantly carbon-free resource portfolio.