GridLiance, an independent electric transmission utility holding company, has announced that its subsidiary, GridLiance Heartland, closed the acquisition of high voltage transmission lines interconnected to the Joppa Generating Station in Illinois from Electric Energy Inc. (EEI).
“This acquisition furthers GridLiance's mission to be a leading transmission owner and strengthens our strategic positioning in the marketplace,” said Calvin Crowder, president and CEO of GridLiance. “The addition of these assets expands our footprint across the country to include the Midcontinent Independent System Operator, Inc. [MISO] Regional Transmission Organization.”
GridLiance Heartland acquired six 161-kilovolt transmission lines that cross the Ohio River and related substation infrastructure. In addition, six EEI transmission system operators joined GridLiance to help manage the operation of its newly acquired transmission assets.
Crowder added, “We are excited about
