Windpower Engineering & Development

  • Home
  • Articles
    • Most recent posts
    • News
    • Featured
  • Leadership
    • 2020 Winners
    • 2019 Winners
    • 2018 Winners
  • Resources
    • Digital issues
    • Podcasts
    • Suppliers
    • Wind Farm Map
    • Wind Turbine Selector Tool
    • Wind Power Videos
    • Webinars
    • Wind Power Events
  • Webinars
  • Videos
  • Subscribe
    • Magazine Subscription
    • Enewsletter Subscription
  • About Us

Grid company invests $40 million in transmission company

By Paul Dvorak | November 28, 2012

 

The Nation Grid USA serves mostly the Northeast U.S.

Clean Line Energy says that National Grid USA will make a $40 million investment in Clean Line Energy. National Grid is one of the largest investor-owned energy companies in the world and connects approximately seven million natural gas and electric customers in the Northeast to vital energy sources. Clean Line says it continues to make steady progress on the development of our four long-distance high voltage direct current (HVDC) transmission projects and this vote of confidence marks an important step forward for Clean Line.

National Grid has a strong understanding of HVDC technology, a commitment to cleaner energy, and operating and construction experience with complex infrastructure projects. National Grid was one of the first utilities to offer energy efficiency programs and it was the first company to sign on to purchase the output from a large offshore wind farm to be built off the Massachusetts coast. It has been an outspoken advocate for state and federal policies that deliver environmental benefits to customers and its region. NG built, operates, and owns a majority share of the U.S. portion of a 2,000 MW HVDC interconnector between New England and Canada. The interconnect is jointly owned by some 40 energy companies.  In addition, NG is a partner in developing a proposed HVDC transmission project that would deliver renewable energy from Maine and Canada to Massachusetts. This wealth of experience makes National Grid an ideal backer for Clean Line.

Current investors in Clean Line will continue to invest in the company, and will remain on our board.
Clean Line Energy
www.cleanlineenergy.com

Tell Us What You Think! Cancel reply

Related Articles Read More >

IEA awarded construction contract for 118-MW Illinois wind farm
RWE Renewables completes first Oklahoma wind farm with 148-MW Boiling Springs project
155-MW Tatanka Ridge Wind Farm providing power to South Dakota electric cooperative customers
Sentry Electrical Group forms renewable energy O&M division

Windpower Engineering & Development Digital Edition

Digital Edition

Browse the most current issue of Windpower Engineering & Development and back issues in an easy to use high quality format. Clip, share and download with the leading wind power engineering magazine today.

Webinars
Windpower Engineering & Development
  • Wind Articles
  • Subscribe to Windpower Engineering
  • Advertising
  • Contact Us/About Us

Copyright © 2021 WTWH Media, LLC. All Rights Reserved. Site Map | Privacy Policy | RSS

Search Windpower Power Engineering & Development

  • Home
  • Articles
    • Most recent posts
    • News
    • Featured
  • Leadership
    • 2020 Winners
    • 2019 Winners
    • 2018 Winners
  • Resources
    • Digital issues
    • Podcasts
    • Suppliers
    • Wind Farm Map
    • Wind Turbine Selector Tool
    • Wind Power Videos
    • Webinars
    • Wind Power Events
  • Webinars
  • Videos
  • Subscribe
    • Magazine Subscription
    • Enewsletter Subscription
  • About Us