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Transmission News

IPPToday #159: Mexico announces bidding process for 3000 MW transmission project

IPPToday #159: Mexico announces bidding process for 3000 MW transmission project

🕔Feb 20, 2018

The Federal Electricity Commission (CFE) of Mexico has announced the bidding rules for proposals for the development of the Ixtepec Potencia – Yautepec Potencia transmission project, which includes the ​first direct current transmission line. The project represents an estimated investment of US$1.7 billion and will enter into commercial operation in the year 2021.

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IPPToday #155: Mexico opens tender for 1.5 GW Baja California transmission line

IPPToday #155: Mexico opens tender for 1.5 GW Baja California transmission line

🕔Feb 14, 2018

The Government of Mexico has started the tender process for the Baja California Transmission Line project. The tender is seeking a developer to install and operate a 1,400 km transmission line linking Seri, in the state of Sonora, in north-east Mexico, to Cucapáh in the state of Baja California.

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Sterlite Power buys out its transmission business

Sterlite Power buys out its transmission business

🕔Feb 8, 2018

Sterlite Power has acquired a 28.4% stake in its transmission infrastructure business from Standard Chartered Private Equity (SCPE) for INR10.1 billion (US$157 million). With this acquisition, Sterlite Power holds 100% stake in the business.

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IPPToday #148: Eversource and Hydro-Québec selected for 9.45 TWh Massachusetts energy contract

IPPToday #148: Eversource and Hydro-Québec selected for 9.45 TWh Massachusetts energy contract

🕔Feb 5, 2018

Massachusetts utilities has announced that they have selected a Eversource Energy’s subsidiary Northern Pass Transmission (NPT) and Hydro-Québec joint proposal to supply 9.45 TWh of firm clean energy, which will help the state enhance reliability and contribute to its greenhouse gas reduction requirements. 

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IPPToday #143: President of Brazil submits bill for US$3.8 billion privatisation of Eletrobras to Congress

IPPToday #143: President of Brazil submits bill for US$3.8 billion privatisation of Eletrobras to Congress

🕔Jan 29, 2018

The President of Brazil, Michel Terner, has advanced the privatisation of state-owned power company Centrais Elétricas Brasileiras SA, commonly known as Eletrobras, by submitting a bill defining the terms of the sale to Congress. The bill states that the company will be privatised through a capital increase, with an option for a secondary offering of government shares (currently 52%).

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IPPToday #142: 370km France-Spain interconnection project to receive EUR578 million from EU

IPPToday #142: 370km France-Spain interconnection project to receive EUR578 million from EU

🕔Jan 26, 2018

The European Commission yesterday approved an unprecedented grant of EUR578 million (US$718.5 million) to the Biscay Gulf France-Spain interconnection project. The grant will fund the construction of a 370km electricity transmission line between Gatika, around 20km north of Bilbao, in the north-east of Spain, and Cubnezais, around 40km north of Bordeaux, in the south-west of France.

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Vattenfall to supply 1.5 TWh of electricity to AkzoNobel

Vattenfall to supply 1.5 TWh of electricity to AkzoNobel

🕔Jan 2, 2018

Vattenfall has announced that it has agreed to will supply 1.5 TWh of electricity annually to AkzoNobel in the Netherlands. The new agreement concerns AkzoNobel’s chemical production sites in Delfzijl, Hengelo and Rotterdam.

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Allianz, MIRA and Valtion Eläkerahasto to acquire Elenia

Allianz, MIRA and Valtion Eläkerahasto to acquire Elenia

🕔Dec 22, 2017

Allianz Capital Partners (ACP), Macquarie Infrastructure and Real Assets (MIRA) and Valtion Eläkerahasto (VER) have signed an agreement to acquire Elenia Oy, Finland’s second largest power distribution system operator and Elenia Lämpö Oy, Finland’s ninth largest district heating network.

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 IPPToday #119: US$2.66 billion transmission projects auctioned in Brazil

IPPToday #119: US$2.66 billion transmission projects auctioned in Brazil

🕔Dec 19, 2017

Brazil's Ministry of Mines and Energy has announced that the winning projects in the power transmission line auction that took place on Friday 15 December represent BRL8.75 billion (US$2.66 billion) in investments.

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IPPToday #117: Largest transmission line goes into operation two months in advance

IPPToday #117: Largest transmission line goes into operation two months in advance

🕔Dec 15, 2017

The first Latin America ±800 kV UHVDC (Ultrahigh-Voltage Direct Current) Electricity Transmission Line came into operation on December, 12th 2017 which drains energy generated by the Belo Monte Power Plant in Xingu (Pará, North of Brazil) to the National Interconnected System (SIN – Sistema Inter Nacional) in the Southeast region. 

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US$12.1 millon contract awarded for 220 kV transmission line in south-east Peru

US$12.1 millon contract awarded for 220 kV transmission line in south-east Peru

🕔Dec 4, 2017

Peru’s infrastructure authority ProInversion has awarded a PPP contract for the design, construction, financing, operation and maintenance of a 220 kV transmission line located in the south of the country.

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IPPToday #109: Ofgem selects preferred bidder for owning the link to the Dudgeon Offshore Wind Farm

IPPToday #109: Ofgem selects preferred bidder for owning the link to the Dudgeon Offshore Wind Farm

🕔Nov 30, 2017

Ofgem has appointed Transmission Capital Partners as the preferred bidder to own and operate the high-voltage transmission link to the Dudgeon Offshore Wind Farm for the next 20 years. 

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ACCIONA to build two  transmission projects  in Kenya

ACCIONA to build two transmission projects in Kenya

🕔Nov 24, 2017

ACCIONA has signed two contracts with HOMT España as part of the project worth over €40 million (US$ 47,07 million) that the latter is executing for Kenya Electricity Transmission Company Limited (KETRACO).

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Dynamic Energy Networks, Schneider Electric and The Carlyle Group form strategic alliance

Dynamic Energy Networks, Schneider Electric and The Carlyle Group form strategic alliance

🕔Nov 8, 2017

Dynamic Energy Networks (DEN) has announced strategic alliances with established energy and industrial sector powerhouses Schneider Electric and The Carlyle Group.

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IPPToday #72: Alberta transmission project closes $1.4 billion financing

IPPToday #72: Alberta transmission project closes $1.4 billion financing

🕔Oct 5, 2017

ATCO has announced that Alberta PowerLine, a partnership owned 80 per cent by Canadian Utilities Limited, an ATCO company, and 20 per cent by Quanta Services, Inc., has closed the issuance of an aggregate of US$1,384,678,000 of bonds with maturities ranging from June 2032 to March 2054.

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IPPToday #65: ABB to acquire GE Industrial Solutions for US$2.6 B

IPPToday #65: ABB to acquire GE Industrial Solutions for US$2.6 B

🕔Sep 26, 2017

ABB has announced the acquisition of GE Industrial Solutions, GE’s global electrification solutions business. ABB would close the deal for US$2.6 billion

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Sempra Energy to acquire ownership interest in Oncor

Sempra Energy to acquire ownership interest in Oncor

🕔Aug 25, 2017

Sempra Energy  today announced an agreement to acquire Energy Future Holdings Corp., the indirect owner of 80 percent of Oncor Electric Delivery Company, LLC, operator of the largest electric transmission and distribution system in Texas.

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IPPToday #32: Bidders shortlisted for the Galloper and Walney Extension link projects

IPPToday #32: Bidders shortlisted for the Galloper and Walney Extension link projects

🕔Aug 7, 2017

Ofgem has announced shortlists of bidders competing to own and operate transmission links to the Galloper and Walney Extension windfarms off the coasts of Cumbria and Suffolk.

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EIB provides €130 M for 320 kV Italy-France transmission project

EIB provides €130 M for 320 kV Italy-France transmission project

🕔Aug 7, 2017

Terna and the European Investment Bank (EIB) have signed an agreement for a €130 million (US$153 million) loan in support of investments for the public component of the Piedmont-Savoy project, the new 320 kV direct current electricity interconnector that will link Italy and France.

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Sri Lanka launches tender process 40km transmission line

Sri Lanka launches tender process 40km transmission line

🕔Aug 7, 2017

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