MidAmerican Transmission, Renewable Energy Systems Canada Form Joint Venture
NAW Staff, Wednesday 31 October 2012 - 11:44:39
A Canadian subsidiary of MidAmerican Transmission
has entered into a joint venture with Renewable Energy Systems Canada Inc.
in Ontario to sponsor a competitive proposal for the province's East-West Tie Line project.
MidAmerican Transmission plans to actively compete in the competitive process for already established projects and for projects in development, the company says, adding that future projects will build upon its experience in the existing joint ventures of Prairie Wind Transmission and Electric Transmission Texas.
The joint venture is designed to benefit customers in Canada and the U.S. when competition is established under the Federal Energy Regulatory Commission's processes established under Order No. 1000. MidAmerican Transmission will seek to develop transmission projects jointly with footprint utilities in this competitive environment but also is positioned to compete on a stand-alone basis, the company adds.
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