National Grid and Clean Line Energy Partners have announced that National Grid will make$40 million equity investment in Clean Line Energy.
"National Grid is one of the largest investor-owned energy companies in the world, with extensive experience building, owning and operating large HVDC electricity transmission interconnectors and transmission networks in the US and the UK. National Grid shares Clean Line’s vision to help create the nation’s clean energy future by investing in transmission projects that facilitate the development of renewable energy resources.
Clean Line will use the proceeds from National Grid to advance the development of its four HVDC transmission projects that will connect onshore wind energy resources in the United States to communities and cities with demand for low-cost, clean power."
For more, read the complete Clean Line - National Grid Press Release (pdf):
© 2015 Wind on the Wires, All Rights Reserved
National Energy Giants Battle for Illinois' Energy FutureNorth Dakota State Update - April 2015Wisconsin State Update - April 2015Michigan State Update - April 2015
Clean Power PlanMISOMedia NewsletterPTCPartnership UpdatesPast EventsRPSRegulatory CommissionsSitingSolarWind is cheaptransmission
40x30, 111d, 2015 gala, affordable, badger-coulee, badger coulee, beth soholt, blattner, buy the farm, capx, capx2020, carbon, ce&j, clean energy, clean line energy, clean power plan, clinton, co-ops, coal, competitive procurement, construction, corporate purchasing, cost, costs, cpp, deed, docket er12-309, doe, economic development, edpr, eipc, ellison, emf, entergy, enxco, epa, ercot, ferc, ferc order 1000, gala, gouged by the wind, governor dayton, grain belt, grant, grid, health impacts, iberdrola, illinois, illinois state university, indiana, iowa, itpf, jobs, justin pickar, kfyrtv, kuehn, leroy, mccollum, members meetings, michigan, minnesota, miso, mn, morning consult, mortenson, mtep16, mvp, natural gas, north dakota, pac, pjm, policy, price, prices, protest, ptc, public utilities commission, queue reform, rates, recb, regulators, reliability, renewable energy, renewable portfolio standards, renz, res, retirements, rothman, rps, scott, sioux, siting, soholt, sokolski, solar, south dakota, sutley, taxes, tenaska, tony clark, transmission, tribes, vestas, wapa, wildlife, wind, wind and birds, windlogics, wisconsin, wowe
Not a Member? Want to know more?
Already a Member? Need web access?