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

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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

Founded in 1990, LS Power is a premier development, investment, and operating company focused on the North American power and energy infrastructure sector, with leading platforms across generation, transmission and energy expansion solutions. Since inception, LS Power has developed or acquired 50,000 MW of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. Through its transmission business, LS Power Grid, the company operates 7 transmission utilities, has built 780+ miles of high-voltage transmission with another 400+ miles currently in construction or development. LS Power actively invests in and scales businesses that are meeting the growing needs of the energy expansion, including electric vehicle charging, demand response, microgrids, renewable fuels and waste-to-energy platforms. Over the years, LS Power has raised more than $77 billion in debt and equity capital to support North American infrastructure. For information, please visit www.lspower.com.

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