Los Angeles, Calif., March 03, 2026 (GLOBE NEWSWIRE) -- Clean Power Alliance (CPA), the nation's number one green power provider and California's largest community choice energy aggregator, today announced the successful closing of its sixth energy prepayment bond transaction, valued at $963 million. The transaction will generate approximately $66.6 million in renewable energy cost savings during the bond's initial 10-year period, an average of $6.6 million per year. With this issuance, CPA has now completed $6.9 billion in prepay bond transactions, locking in total initial-period savings of $427.9 million. Across all six prepay transactions, CPA's average annual savings total approximately $52 million."Each prepay transaction strengthens our ability to provide stable, affordable clean energy to the communities we serve," said CPA Chief Executive Officer Ted Bardacke. "This sixth bond builds on a proven strategy that delivers meaningful savings while supporting long-term investments in renewable energy and grid reliability."How the bond program works CPA's prepay bond program uses long-term financing to purchase renewable energy at a lower cost. As a not-for-profit government agency, CPA can issue tax-exempt bonds ...