Offshore Wind Projects Receive Boost from Massachusetts and Biden Administration

LCG, March 31, 2021--The Governor of Massachusetts signed legislation last Friday that authorizes the state to direct utilities to purchase an additional 2,400 MW of offshore wind energy by 2027.

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NV Energy's Greenlink Nevada Transmission Project Approved by PUCN

LCG, March 25, 2021--The Public Utilities Commission of Nevada (PUCN) on Monday approved proceeding with NV Energy's Greenlink Nevada transmission and renewable energy initiative. NV Energy's planned investment in Greenlink is over $2.5 billion.

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Industry News

CMS Energy Sells 59 Megawatt New York Hydro Plant

LCG, Oct. 30, 2000--CMS Energy Corp. the parent company for Michigan's Consumers Energy Co., said on Friday it has closed the sale of its one-eighth ownership interest in the Curtis-Palmer hydroelectric generating project in New York State to International Paper Co. for about $12 million.

Curtis-Palmer is a 58.8 megawatt, two-dam hydroelectric generating project located in Corinth, N.Y., on the Hudson River downstream from Lake George. The facility sells its electric output to Niagara Mohawk Power Corp. under a long-term contract.

CMS said the sale is part of its $1.4 billion asset sale and "balance sheet improvement" program. With the sale, CMS has completed approximately $870 million of cash proceeds and balance sheetdebt reductions to date as part of its program to get the most out of its assets.

" We are executing our asset sale program, and expect to make continued progress on sales of non-strategic assets this year," said Preston D. Hopper, senior vice president for corporate performance and chief accounting officer.

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