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Transmission developer GridLiance deals for spot in MISO market

Dec 28, 2018 - SNL Energy Finance Daily
Mergers and Acquisitions-Partnership Announcement

Electric transmission grid owner and developer GridLiance Holdco asked the Federal Energy Regulatory Commission to approve its acquisition of a half-dozen transmission lines connecting a large coal-fired power plant, positioning it for access to the Midcontinent ISO grid.

GridLiance, formed to partner with municipal and cooperative utilities on transmission projects, is owned by private equity investor Blackstone Group LP. The specific transmission company, or transco, buying the transmiss...