JUNO
BEACH, Fla., April 27,
2022 /PRNewswire/ -- NextEra Energy Transmission,
LLC, a subsidiary of NextEra Energy, Inc. (NYSE: NEE), today
announced that it has been awarded the Minco-Pleasant Valley-Draper
transmission line project by the Southwest Power Pool (SPP).
The SPP Board of Directors approved an industry expert panel
(IEP) recommendation for NextEra Energy Transmission Southwest to
build the Minco-Pleasant Valley-Draper transmission line project.
The IEP evaluated this project through its competitive transmission
owner selection process, which is required under the Federal Energy
Regulatory Commission's Order No. 1000 for certain transmission
projects.
"We are pleased to have been awarded the Minco-Pleasant
Valley-Draper project by SPP," said Matt
Valle, president of NextEra Energy Transmission. "This
project award, our second in SPP, furthers our goal of creating
America's leading competitive transmission company and is
consistent with our strategy of adding high-quality regulated
assets to our portfolio."
NextEra Energy Transmission will construct a new, approximate
48-mile, 345-kilovolt (kV) transmission line that will connect the
Minco and Draper substations in Oklahoma to address economic
needs in the region.
The project is expected to be online in 2024.
NextEra Energy Transmission
NextEra Energy
Transmission develops, finances, constructs, and maintains
transmission assets across the continent. NextEra Energy
Transmission operates through its regional subsidiaries to
integrate renewable energy and strengthen the electric grid. The
company's subsidiaries were among the first non-incumbents to be
awarded projects by system operators and utility commissions
in California, New York, Texas, and Ontario.
NextEra Energy Transmission's portfolio includes operating assets
in 10 states, six regional transmission organizations and one
Canadian province, with numerous projects under development and
construction. To learn more, visit
www.NextEraEnergyTransmission.com.
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SOURCE NextEra Energy Transmission, LLC