Consolidated Edison Inc.
Consolidated Edison Company of New York, Inc. Announces Sale of Debentures
Summary
On May 6, 2024, Consolidated Edison Company of New York, Inc. (CECONY) announced the sale of $400 million aggregate principal amount of its 5.375% Debentures, Series 2024 A due 2034 and $1,000 million aggregate principal amount of its 5.70% Debentures, Series 2024 B due 2054. These debentures were registered under the Securities Act of 1933 and sold through an underwriting agreement with major financial institutions.
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About Consolidated Edison Inc.
Consolidated Edison Inc. is a prominent utility company responsible for the delivery of energy services in the northeastern United States. Its primary function is the transmission of electricity and natural gas, as well as steam service, primarily serving the densely populated New York metropolitan area. Notably, it operates through its principal subsidiaries such as Consolidated Edison Company of New York, Inc. and Orange and Rockland Utilities, Inc., ensuring reliable energy provisions to millions of residents and businesses. The company is a key player in the energy sector, influencing regional economic activities and supporting essential services through its infrastructure. Consolidated Edison also focuses on advancements in renewable energy initiatives, playing an integral part in regional efforts to transition to sustainable energy solutions. Its prominence in delivering consistent energy supplies makes it a critical component in the market, directly impacting energy policy and regional economic stability.
Official SEC Documents
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