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.
Related News
Related News
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Boardwalk’s Texas Gas Launches Open Season for 2 Bcf/d Marcellus-to-Louisiana Pipeline Expansion
- New Alternatives for Noise Reduction in Gas Pipelines
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- South Dakota Governor Signs Bill Banning Eminent Domain for Carbon Pipeline
- Woodside May Delay Final Investment Decision on Louisiana LNG to Q2, CEO Says
Comments