California headlined the top 10 issuers in 2023.
Half of the top 10 issuers were new entrants — the California Community Choice Finance Authority, Main Street Natural Gas, Washington, the Texas Natural Gas Securitization Finance Corp. and Illinois — as Massachusetts, the Regents of the University of California, the Louisiana Local Government Environmental Facilities and Community Development Authority, the Black Belt Energy Gas District and Denver were bumped out of the top 10.
Still, the top 10 issuers are mostly from just two states, with four from New York and two from California.
