NEW YORK--(BUSINESS WIRE)--The Florida Public Service Commission has selected Saber Partners, LLC to advise it on financing transactions arising from a new Florida law. The law authorizes the Commission to allow Florida investor-owned utilities to issue, subject to Commission oversight, a special type of bond commonly called a “securitization bond” or “rate reduction bond” to recover costs associated with closing nuclear power plants. Duke Energy (NYSE:DUK) became the first utility to apply to
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