Reported Earlier, Avista Enters North Plains Connector Project With PGE And ALLETE In 3,000 MW East-West Transmission Line
Reported Earlier, Avista Enters North Plains Connector Project With PGE And ALLETE In 3,000 MW East-West Transmission Line
Avista Corporation (NYSE:AVA) today signed a nonbinding memorandum of understanding with North Plains Connector LLC, a wholly owned entity of Grid United, in the development of the North Plains Connector, an approximately 420-mile high-voltage direct-current (HVDC) transmission line to be constructed with endpoints near Bismarck, North Dakota and Colstrip, Montana. The parties will now work to finalize definitive agreements regarding Avista's participation, which is expected to involve a 10% ownership share of the project.
阿維斯塔公司（紐交所:AVA）今天與Grid United的全資子公司North Plains Connector LLC簽署了一份諒解備忘錄，共同開發約420英里的高壓直流（HVDC）輸電線路，該線路將在北達科他州俾斯麥附近和蒙大拿州科爾斯特里普附近設置端點。雙方將着手最終敲定有關阿維斯塔參與的最終協議，預計涉及項目的10%所有權。
Under the terms of the memorandum of understanding, North Plains Connector LLC will continue to fund the development of North Plains Connector. Avista would invest when the project is operational.
根據諒解備忘錄的條款，North Plains Connector LLC將繼續爲North Plains Connector的發展提供資金。阿維斯塔將在項目運營時進行投資。
譯文內容由第三人軟體翻譯。
