FERC approves Clean Line HVDC project
The company says the approval gives the authority to subscribe up to 75 percent of the line's transmission capacity with anchor tenants
September 11, 2012 — Clean Line Energy Partners won approval from the Federal Energy Regulatory Commission to begin negotiating rates and selling service for its 600 kV Plains & Eastern Clean Line high-voltage direct-current (HVDC) transmission line that runs across Oklahoma and Arkansas and into Memphis, Tenn.
The company says the approval gives the authority to subscribe up to 75 percent of the line's transmission capacity with anchor tenants. The remainder of the transmission capacity will be offered through an open season process under the same terms and conditions agreed to by anchor customers, the company notes.
The company says the project is a nearly 750-mile, overhead HVDC transmission line that will connect renewable energy generation from western Oklahoma, northern Texas and southwestern Kansas to utilities and customers in Tennessee, Arkansas and other markets in the mid-south and the southeast.
Clean Line Energy Partners is a consortium that includes Fluor, Kiewit, General Cable, Pelco Structural, Siemens and Southwire. Clean Line's investors include the Houston-based Zilkha family and ZBI Ventures. ZBI Ventures is a unit of Ziff Brothers Investments, the principal investment vehicle of the New York-based Ziff family.