A proposed high-voltage transmission project to connect low-cost, wind power generated in Texas to the Southeast could generate $3.9 billion in economic impacts over 30 years for Louisiana and Mississippi.
The study by Moss Adams LLP says Pattern Energy Group LP affiliate’s proposed Southern Cross Transmission project would:
• Produce nearly $1.5 billion of direct economic impact from expenditures incurred in development and construction.
• Generate $633 million of direct economic impact in local operations and maintenance expenditures over the first 30 years of the project.
• Generate $441 million in fiscal impact via property taxes across the two states over the first 30-year analysis period of the project.
• Create more than 650 jobs throughout the project’s construction and continued operation.
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