Transmission line project could be worth $2 billion to state’s economy

December 20, 2016

Mississippi Today
Kendra Ablaza

A proposed electricity transmission line that could power Mississippi homes and businesses would be a $1.9 billion economic benefit to Mississippians, the project’s developers say.

Southern Cross Transmission Project, a unit of the wind power-driven San Francisco-based utility company Pattern Energy, on Monday released a study led by Seattle accounting firm Moss Adams touting its proposed interstate transmission line project.

The plan is to build a 400-mile transmission line spanning from the Texas-Louisiana state line to the Mississippi-Alabama state line that could power hundreds of thousands of homes in between.

Mike Garland, CEO of Pattern Development, said the project would be the nation’s first
overhead high voltage direct current transmission lines constructed in nearly two decades.

“When complete, the project will provide significant reliability and economic benefits by connecting two robust systems. All of the capital investment required for the project is being provided by private investors,” Garland said in a news release.

Click here to read the entire article.