Green Bond Fact SheetSouth Central Connecticut Regional Water Authority

Date: 09/07/2019

Issue date: 02-07-2019 Maturity date: 01-08-2048 Tenor: 29Issuer NameSouth CentralConnecticut Regional
Water Authority

Amount Issued

USD13mCountry of risk

USA

CBI Database

Included

Issuer Type1

Local government

Bond TypeUS MuniGreen Bond Framework

N/A

Second party opinion

Sustainalytics

Certification Standard

Not certified

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

N/A☐ Energy☐ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Buildings☐ Certified Buildings☐ HVAC systems☐ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emissionvehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Water & wastewater☒ Water distribution☐ Water treatment☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☒ Infrastructure☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingCompany information

The issuer will publish a report on the EMMA website, which will include the amountallocated to the eligible project and a description of the project funded. Potential
ramifications prevented/avoided will be disclosed as an impact metric.
The South Central Connecticut Regional Water Authority (RWA) is a public water supply
utility in the State of Connecticut, USA. The RWA supplies water in a 15-town region with apopulation of about 430,000.

Firsts, records andcertifications
Proceeds description

Climate Bonds view

Underwriters

The proceeds will be used to refinance a bond that financed the Great Hill Tunnel &Pipeline restoration project. It is a public water supply tunnel and pipeline that is the solemeans of conducting water from a 58.5 billion litre reservoir to customers in New Haven,
Connecticut, as well as 9 surrounding towns.
We are pleased to see more US Muni issuers follow market convention by commissioning
external reviews for their instruments, as RWA has done. This is also the seventh green
muni bond from the state, bringing the total issuance to USD843m.
Janney Montgomery Scott

Deal comments
Credit Rating
Pricing summary
Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign