LS Power Subsidiary Selected by California ISO for Harry Allen to Eldorado 500 kV Transmission Line
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.”