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Commission approves low-cost State Revolving Fund loans for biosolids and Oceanside digester projects
Summary
The commission authorized two SRF installment loans: $132 million for the biosolids digester facilities (paired with a $699M WIFIA loan) and about $54.3 million for an Oceanside Treatment Plant digester gas utilization upgrade; each loan includes up to $4 million in principal forgiveness and a 30-year maturity at an estimated 1.3% rate.
San Francisco ' The San Francisco Public Utilities Commission approved two low-cost State Revolving Fund (SRF) installment loan agreements on Nov. 12 to finance wastewater enterprise capital projects.
Richard Morales, the PUC's debt manager, presented two SRF loans: a $132,000,000 loan for the biosolids digester…
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