Request for Proposal for East Bay Community Energy Authority Revolving Credit Agreement Services
Proposal submission
deadline: Fri, Jun 3, 2022 at 5:00 PM PDT
East Bay Community Energy Authority (EBCE) is seeking proposals from qualified lenders and/or financial institutions to provide financing services for the expansion of EBCE’S programmatic and longer-term credit needs. Specifically, EBCE is seeking a revolving credit facility agreement with line(s) of credit up to $225 million of unsecured credit to support power procurement, issue letters of credit and meet cash collateral requirements, to enable local development and programmatic investments by EBCE, and other general working capital needs. EBCE intends to award contracts to the bidder(s) selected as the most optimal and responsive to this Request for Proposal (RFP).