Borrowing authority for the Bonneville Power Authority (BPA) will assist in the financing of the construction, acquisition, and replacement of the federal Columbia River Power System.
Overview
Office:Bonneville Power Administration |
New Program:No |
Funding amount:$10,000,000,000 |
Funding Mechanism:Borrowing authority for federal expenditure at discretion of the BPA Administrator |
Recipients:Entities that assist in implementing the construction, acquisition, and replacement of the federal Columbia River Power System |
Period of Availability:The obligation of this additional borrowing authority shall not exceed $6,000,000,000 by fiscal year 2028 |
More Information
Financing of the construction, acquisition, and replacement of the Federal Columbia River Power System and implementation of the authority of the Administrator of the Bonneville Power Administration under the Pacific Northwest Electric Power Planning and Conservation Act.
The Administrator must issue an updated financial plan by the end of Fiscal Year 2022.
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