Chapman served as counsel to Clean Power Alliance (CPA) in the issuance of $1.5 billion Clean Energy Project Revenue Bonds through the California Community Choice Financing Authority (CCCFA), named The Bond Buyer's 2024 ESG/Green Financing Deal of the Year. This is the third green bond issuance by CPA, the proceeds of which will be deployed to provide power procurement cost savings and help mitigate rising electricity costs for its three million residential and business customers throughout Los Angeles and Ventura counties. Chapman also represented CPA in its first and second pre-pay green bond issuances. A Clean Energy Project Revenue Bond is a form of wholesale electricity prepayment in which the parties enter into long-term power supply agreements for zero-emission clean electricity sources, including solar, wind, geothermal, and hydropower. CPA is California’s fourth largest electricity provider and the largest green power provider in the United States. Chapman partner Doug Bird led the transaction team that included partners Jacquelyn Cerasuolo and Juliet Huang.
