Clean Line Energy Partners has completed the acquisition of Power Network New Mexico LLC, the project development company of the Power Network New Mexico transmission project.
Clean Line and the New Mexico Renewable Energy Transmission Authority (RETA) are jointly developing the transmission project, which consists of a proposed 200-mile, 345 kV alternating current transmission line currently under development.
According to Clean Line, the Western Spirit Clean Line project, formerly known as the Power Network project, will collect 1.5 GW of renewable power from east-central New Mexico and deliver the power to markets in the western U.S., complementing the development efforts of the company's Centennial West Clean Line project.
The New Mexico legislature created RETA by statute in 2007, with the objective of facilitating renewable energy development in New Mexico through the agency's authority to finance, plan, acquire, maintain and operate transmission and energy storage facilities. In 2010, RETA commissioned studies by Los Alamos National Laboratory and identified the Western Spirit Clean Line project as a means of facilitating transmission in eastern and central New Mexico.
