June 16, 2025
Canadian pension fund CDPQ cleared to acquire Innergex Renewable Energy
Innergex Renewable Energy’s U.S. portfolio includes assets in PJM, WACM, and NYISO.
Transmission Projects
June 10, 2025
Otter Tail Power seeks FERC approval for incentive rates for $521M grid expansion in the Dakotas
The grid expansion is part of a larger portfolio of transmission projects aimed at adding nearly 29 GW of new generating capacity along the MISO-SPP seam.
June 5, 2025
ITC Midwest seeks rate incentives for $1.5B grid expansion in Upper Midwest
ITC’s proposed portfolio of projects are part of a larger multi-billion-dollar grid expansion across the region intended to bolster grid resiliency and enhance renewable integration.
June 3, 2025
NextEra seeks transmission rate incentives for $900M power line in MISO
The project, a middle segment of the larger North Rochester – Columbia line, aims to enhance reliability and reduce congestion in Minnesota and Wisconsin.
May 15, 2025
FERC denies key rate request for $3B Valley Link Transmission Project, launches inquiry
The split decision seeks to strike a balance between incentivizing transmission development with consumer protection, setting a potential precedent for future projects.
May 2, 2025
Blackstone’s Viridon Mid-Atlantic secures lower-than-requested rate of return in FERC settlement
Settlement with FERC establishes a 10.55% base return on equity for the transmission developer.
April 29, 2025
Maryland protests shouldering billion-dollar transmission expansion for Virginia data centers
Virginia’s data center boom is sparking a heated interstate dispute over how to assign costs for billions of dollars in grid upgrades.
April 23, 2025
ISO New England, Avangrid file agreements for operation of 1.2 GW New England Clean Energy Connect power line
The agreements by Avangrid and the New England system operator are intended to make way for trial operations of the project in September.
April 22, 2025
ITC looks to secure U.S. approval for incentive rates for $360M power line project in Midwest
The project is part of a portfolio of grid upgrades and expansions in the region estimated to enable the interconnection of up to 53 GW of new generating capacity.
April 9, 2025
State consumer advocate challenges $3B Valley Link transmission project rate proposal, citing excessive costs
PJM has designated the multi-state transmission project portfolio as essential to address reliability issues and growing data center loads by 2030.
April 8, 2025
Basin Electric wins incentives for $415M grid upgrades targeting North Dakota’s Bakken shale region, one request denied
The decision provides full incentives for two of the three proposed transmission lines and network upgrades, which are aimed at bolstering grid reliability in North Dakota’s oil producing region.
April 3, 2025
Blackstone acquires CAISO Path 15 transmission rights from Duke
The Path 15 Project upgrades an 84-mile, 500 kV transmission line connecting northern and southern California.
March 19, 2025
ALLETE wins federal approval for transmission rate incentives for $1B power line modernization project
Conditional approval has been granted for North Dakota facilities pending state regulatory clearance, while full approval has been granted for the Minnesota portion of the project.
March 11, 2025
National Grid secures rate incentives for $509M offshore wind grid project
The decision represents a key step in the advancement of the project, designed to help integrate 4,800 MW of offshore wind power for the six-state region.