DCP Midstream LP
Description
Announced an amendment to its accounts receivable securitization facility with PNC Bank to include ESG-linked KPIs that increase or decrease certain fees based on DCP’s safety performance relative to peers, and year-over-year change in greenhouse-gas emissions intensity rate, which DCP said is the energy industry’s first ESG-linked A/R securitization facility. Additionally, the facility was extended to Aug. 12, 2024.