Atlantic Power Transmission LLC, a Blackstone Infrastructure Partners Portfolio Company, Announces Bid for New Jersey Offshore Wind Transmission Project
Blackstone Inc. (BX)
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Source: Business Wire
Project supported by New Jersey Union coalition including Eastern Atlantic States Regional Council of Carpenters, Operating Engineers Locals 825 and 25 and Iron Workers Local 399Project expected to provide over 1,000 jobs and $1.3 billion to the New Jersey economyProject designed to strengthen New Jersey’s clean energy targets and to minimize impact to local communities and environmentProject backed by Blackstone, a proven long-term investor and operator in infrastructure, transmission and renewable energy PRINCETON, N.J.--(BUSINESS WIRE)--Atlantic Power Transmission LLC (“APT”), a Blackstone (NYSE: BX) portfolio company, announced its bid to develop a clean power transmission solution in response to the 2021 New Jersey Offshore Wind SAA Transmission Solicitation initiated by the New Jersey Board of Public Utilities, in collaboration with PJM Interconnection. APT’s project offers a total offshore wind transmission solution of up to 3,600 MW and is expected to provide over $1.3 bill
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