GridLiance Announces Agreement to Be Acquired by NextEra Energy Transmission
(P&GJ) — GridLiance has announced an agreement to be acquired by NextEra Energy Transmission, a subsidiary of NextEra Energy, Inc.
Founded in 2014 by affiliates of Blackstone Energy Partners, GridLiance today owns and operates more than 700 miles of transmission lines and related substation infrastructure across six states, with a presence in the California Independent System Operator (CAISO), Southwest Power Pool (SPP) and Midcontinent Independent System Operator (MISO) regions.
"We are very excited to be joining NextEra Energy Transmission at a pivotal time in the company's development," said Calvin Crowder, President and CEO of GridLiance.
NextEra Energy Transmission, a subsidiary of NextEra Energy, is a transmission company with operations in California, New Hampshire and Texas, as well as numerous projects under development in the United States and Canada.
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