MISO selects consortium of Ameren, GridLiance, Dairyland to deliver foundational energy grid project in Iowa
MISO selected a consortium of Ameren Transmission Company of Illinois, GridLiance Heartland (a NextEra subsidiary), and Dairyland Power Cooperative to develop the EASL transmission project in Iowa, with an estimated total cost of approximately $1.23 billion. ATXI will own 42.5% of the project, which includes a new 187-mile 765-kV line plus 345-kV lines, with in-service dates of June 2032 (345-kV) and June 2034 (765-kV).
Key figures
- Deal Value Usd
- 1230000000
- Line voltage
- 765-kV
- Dairyland stake
- 15%
- Gridliance stake
- 42.5%
- Line length miles
- 187
- In service date 345kv
- June 1, 2032
- In service date 765kv
- June 1, 2034
- Ameren ownership stake
- 42.5%
AI analysis
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