VELCO and National Grid Announce Key Agreements to Advance Granite State Power Link
National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG)
US:NYSE Investor Relations:
investors.nationalgrid.com
Company Research
Source: GlobeNewswire
Rutland, Vt. and Waltham, Ma., Feb. 12, 2018 (GLOBE NEWSWIRE) -- Vermont Electric Power Company (VELCO) and GridAmerica Holdings, Inc., a part of National Grid Ventures, the non-regulated affiliate of National Grid, today announced that they have signed a Memorandum of Understanding (MOU) and a services agreement to support the Granite State Power Link (GSPL) project. GSPL is a proposed clean energy project that will transmit new Canadian wind energy to New England via a new overhead transmission line located in an expanded existing right-of-way owned by, VETCO, a VELCO managed company. VELCO “VELCO is pleased to extend our working relationship with National Grid by joining them on this regional project,” said Tom Dunn, President and CEO of VELCO. “If the Granite State Power Link project
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