in News Departments > FYI
print the content item

Toronto, Ontario-based Borealis Infrastructure Management Inc. has joined the consortium of New York Regional Interconnect Inc. (NYRI) investors in the development of NYRI's proposed electrical transmission project in New York. NYRI says it plans to construct a 190-mile, high-voltage direct current transmission line as part of a long-term solution to New York's energy transmission bottlenecks. The project would facilitate the transmission of a diverse mix of power generated in upstate New York - including power from renewable sources, such as wind and hydropower - to areas downstate, NYRI adds.

The company submitted its Article VII application to the New York Public Service Commission a year ago. NYRI began a series of mediations with interested parties in January and was asked to augment its application with additional studies - expected in July.

"The financial capabilities Borealis Infrastructure brings to the investment partner team will allow NYRI continuing resources to develop a successful transmission infrastructure project to meet the growing energy, economic and environmental needs for all of New York," says Bill May, project manager for NYRI.


Trachte Inc._id1770
Latest Top Stories

Wind Energy Dominates New U.S. Power In October

Data from the Federal Energy Regulatory Commission shows that wind power accounted for over two-thirds of the country's new electricity generating capacity in last month.


Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?

Renewable NRG_id1934
Hybrid Energy Innovations 2015