Friday, September 24, 2010

National Grid plans $1B investment Upstate - Kansas City Business Journal:

http://www.porot-assurances.com/article/The-car-is-the-LF-C---.html
National Grid said Wednesday it has signeda five-yeatr contract with to help provide part of its U.S. electricity transmission investment program. NorthEast Powerf Alliance, a joint venture betweehn AMEC, R.G. Vanderweil Engineers and Michelsx Corp., will work on transmission projects throughoutNational Grid’sx Upstate service territory. The contract is part of National Grid’s network investment program. The company has hundreds of thousands of electricx customersacross Upstate.
“The size of our investment in New York meantf we had to look at new ways to ensurde we implement our investment program safelyand efficiently,” said Masheed Saidi, National Grid’s executive vice president and chief operating officer, U.S. ”This contract will enable the backbone of our electricitty transmission network to deliver reliable service to our customeres for yearsto come.” The contract is one of two that will delivef a total of around $1.7 billion towarfd National Grid’s U.S. transmissionj investment program over the nextfive years.
The companyy owns more than 8,600 miles of electricitu transmission lines andapproximately 1,000 substations across Upstate New York and New A separate contract has been inked with another jointr venture — the New Energy Alliance — to work on Nationalo Grid’s network primarily in the New England region.

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