The One Nevada Transmission Line will provide access to isolated renewable energy resources in parts of northern and eastern Nevada, and its construction is planned to begin later this year.
NV Energy will own 25% of the transmission line and purchase Great Basin Transmission’s share of capacity under a long-term agreement.
The agreement is subject to review and final approval by the Public Utilities Commission of Nevada and the Federal Energy Regulatory Commission.
Great Basin Transmission is a wholly-owned subsidiary of power generation and transmission group LS Power, and is a single-purpose company formed to develop, finance, construct, own and operate the Southwest Intertie transmission line project.
