Announced
Financials
Tags
Conventional Electricity
Friendly
transmission lines
United States
Pending
Domestic
Private
Acquisition
electricity
Majority
Single Bidder
Synopsis
Pattern Energy, an operator of an energy company, agreed to acquire SunZia Transmission Project, an operator of an electricity transmission line project, from MMR, a provider of instrumentation and electrical construction, maintenance and technical services. Financial terms were not disclosed. “SunZia Transmission will create a clean power superhighway for millions of Americans by opening access to huge, largely-untapped wind energy resources in New Mexico. SunZia is an investment that will empower our clean energy future and generate millions of dollars in economic impact across Arizona and New Mexico. This revolutionary transmission line will be the conduit for the largest wind project in US history, our 3k+ MW SunZia Wind facility. We are creating and implementing the largest clean energy infrastructure project in American history, demonstrating the vast potential of New Mexico’s wind power and the regions’ ability to bring large interstate infrastructure to reality," Mike Garland, Pattern Energy CEO.
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