# Clean Power Alliance Signs $1.4B Wind Deal

> Clean Power Alliance secures $1.4 billion wind deal to cut energy costs by $91 million annually.
- Title: Clean Power Alliance Signs $1.4B Wind Deal | Shortify
- Summary: Clean Power Alliance secures $1.4 billion wind deal to cut energy costs by $91 million annually. Clean Power Alliance's $1.4 billion prepayment bond reduces…
- Keywords: clean power alliance, cpa, renewable energy, wind deal, j.p. morgan, southern california edison, los angeles, Los Angeles Business Journal
- Source: Los Angeles Business Journal — https://labusinessjournal.com/energy-2/clean-power-alliance-signs-1-4b-wind-deal
- Author: Hannah Welk
- Published: 2026-11-02T08:01:36+00:00
- Read time: 1 min
- Topics: clean power alliance, cpa, renewable energy, wind deal, j.p. morgan, southern california edison, los angeles, business, local
## Clean Power Alliance
Clean Power Alliance, the fourth-largest electricity provider in California, closed a $1.4 billion prepayment bond transaction.
## Cost Savings
The deal reduces renewable energy costs by $91 million over seven years, or $12.7 million annually.
## J.P. Morgan Underwrites
J.P. Morgan, the firm’s first electric prepayment deal in the U.S., underwrote the bond transaction.
## Energy Source
Los Angeles and Ventura counties buy renewable energy while Southern California Edison maintains power lines.
## Future Projects
CPA plans to add solar generation and battery storage to power 84,000 homes by late 2028.
## Key takeaway

Clean Power Alliance's $1.4 billion prepayment bond reduces renewable energy costs by $91 million over seven years.