Solar, Wind Power Line To West Coast Seeks FERC Waiver

Law360, New York (May 4, 2012, 8:56 PM EDT) -- A planned $350 million New Mexico transmission line has moved closer to plugging a hole in the state's power grid, seeking a federal waiver Wednesday to speed up its quest to bring new wind and solar energy to West Coast cities.

The project, which has private equity backing from Goldman Sachs & Co., would connect renewable projects in central New Mexico to switching stations 200 miles west owned by PNM Resources Inc., the state's biggest utility. From there, the power could be sent on to Phoenix...
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