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Houston-based Clean Line Energy Partners LLC has signed an agreement to acquire Power Network New Mexico LLC, which is jointly developing the Power Network transmission project with the New Mexico Renewable Energy Transmission Authority (RETA). The acquisition is subject to regulatory approval.

The Power Network project, also referred to as the Central New Mexico Collector System, is a 200-mile, 345 kV transmission line currently under development. Clean Line says the Power Network will collect 1.5 GW of renewable power from east central New Mexico and deliver the power to markets in the western U.S.

The New Mexico legislature created RETA by statute in 2007 with the objective of facilitating renewable energy development in New Mexico. In 2010, RETA commissioned studies by the Los Alamos National Laboratory and identified the Power Network project as a means of facilitating transmission in eastern and central New Mexico, Clean Line explains.




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