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LS Power’s DesertLink Subsidiary Selected by California ISO for Harry Allen to Eldorado 500 kV Transmission Line

LS Power’s DesertLink Subsidiary Selected by California ISO for Harry Allen to Eldorado 500 kV Transmission Line

January 11, 2016

DesertLink, LLC, a subsidiary of LS Power, has been selected by the California Independent System Operator (ISO) as the approved project sponsor to develop, construct, own, operate and maintain a 500 kilovolt electric transmission project.

The Harry Allen to Eldorado Project was approved by the ISO governing board for competitive solicitation in December 2014 pursuant to the Federal Energy Regulatory Commission’s Order No. 1000, which was designed to foster competition in transmission planning across the U.S. The ISO accepted bids in April 2015, and today announced the selection of DesertLink.

“We are pleased to be selected by the California ISO for this project, and we look forward to working with the ISO to complete it,” said Paul Thessen, President of LS Power Development. “The competitive process and the binding cost containment provisions we offered, including a cap on construction costs, demonstrate the benefits of competition for transmission and will result in lower costs and protection for ratepayers from cost overruns.”

Media Contact
Dana Gorman
The Abernathy MacGregor Group, for LS Power
(212) 371-5999
dtg@abmac.com

About LS Power:

LS Power is a development, investment, and operating company focused on the North American power and energy infrastructure sector. Since its inception in 1990, LS Power has developed, constructed, managed, or acquired more than 46,000 MW of power generation, including utility-scale solar, wind, hydro, natural gas-fired, and battery energy storage projects, of which ~17,000 MW are currently operating. LS Power’s Energy Transition Platforms include CPower Energy Management, Endurant Energy, EVgo, Rise Light & Power, and REV Renewables, as well as Waste-to-Energy initiatives. In addition, LS Power developed and operates over 680 miles of high-voltage transmission, with an additional 100+ miles and multiple substations under construction. Across these efforts, LS Power has raised $50 billion in debt and equity financing to support North American infrastructure. Through 2021, assets under LS Power control avoided 80.67 million metric tons of CO2e, equivalent to nearly 187 million barrels of oil not consumed or over 17.5 million cars taken off the road for one year. For more information, please visit www.LSPower.com.