Alphabet (GOOGL.US, GOOG.US) re-enters the U.S. municipal bond market, plans to participate in a $1.5 billion prepaid energy financing transaction.

Zhitong Finance APP has learned that Google's parent company Alphabet (GOOGL.US, GOOG.US) is planning to re-enter the U.S. municipal bond market through a $1.5 billion prepaid energy financing transaction. This will be Alphabet's second participation in such a transaction this year as the recipient of funds, and it also highlights that technology companies are exploring the energy financing market traditionally dominated by banks.