in News Departments > Projects & Contracts
print the content item

Novi, Mich.-based ITC Holdings Corp. has entered into an agreement with MDU Resources Group Inc. to participate in ITC's Green Power Express transmission project.

The Green Power Express transmission network project is expected to provide grid access for many of the highest efficiency wind farms in the Upper Midwest and traverse portions of North Dakota, South Dakota, Minnesota, Iowa, Wisconsin, Illinois and Indiana.

It will ultimately include approximately 3,000 miles of extra-high-voltage 765 kV transmission and will connect with existing 765 kV lines in Illinois and Indiana.

The project is expected to facilitate the flow of up to 12,000 MW of renewable power to the Midwest and Mid-Atlantic regions of the U.S. It is currently estimated to cost approximately $10 billion to 12 billion.

Under the terms of the agreement, MDU, headquartered in Bismarck, N.D., has expressed its interest in investing in Green Power Express LP, the entity that was formed by ITC to develop the Green Power Express project. MDU will collaborate with ITC on development efforts and securing the approvals needed to move the project forward. Green Power Express will operate as an independent transmission company.

"We are pleased with both this agreement and the opportunity it establishes to work with MDU Resources Group on the design and development of the Green Power Express project," says Edward M. Rahill, president of ITC Grid Development LLC. "MDU's insight into the wind power infrastructure needs in North and South Dakota will be invaluable as we continue to advance the development of the Green Power Express.

ITC will continue to pursue Green Power Express partnership discussions and finalize definitive partnership agreements with MDU and other strategic entities, including local utilities.

SOURCE: ITC Holdings Corp.

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Canadian Wind Industry Urges For More Federal Support

The Canadian Wind Energy Association says the country's federal government, once a big industry supporter, should again back wind power.


Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.

Canwea_id1984
Renewable NRG_id1934
Hybrid Energy Innovations 2015
BG 2015DblBox_id2032