Champlain Hudson Power Express

Hitachi Energy to support major renewable electricity transmission between Canada and New York City

Retrieved on: 
Wednesday, September 21, 2022

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Key Points: 
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    Using Hitachi Energy's HVDC Light technology, CHPE will transfer up to 1,250 megawatts of electricity, enough to power 1 million New York households.
  • "We are proud to play a crucial role in this very important investment in North America's transition to renewable energy and carbon neutrality."
  • "Hitachi Energy's market leading HVDC technology will ensure efficient and reliable transmission of renewable energy for over 1 million New York homes and help achieve the state's climate goals," said Transmission Developers CEO Donald Jessome.
  • "We look forward to beginning construction activity later this year and to delivering an abundance of clean, renewable energy to New Yorkers."

Hitachi Energy to support major renewable electricity transmission between Canada and New York City

Retrieved on: 
Tuesday, September 20, 2022

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Key Points: 
  • *2
    Using Hitachi Energys HVDC Light technology , CHPE will transfer up to 1,250 megawatts of electricity, enough to power 1 million New York households.
  • We are proud to play a crucial role in this very important investment in North Americas transition to renewable energy and carbon neutrality.
  • Hitachi Energys market leading HVDC technology will ensure efficient and reliable transmission of renewable energy for over 1 million New York homes and help achieve the states climate goals, said Transmission Developers CEO Donald Jessome.
  • Hitachi Energy pioneered commercial HVDC technology almost 70 years ago and has delivered more than half of the worlds HVDC projects.

Blackstone Launches Sustainable Resources Credit Platform

Retrieved on: 
Friday, January 21, 2022

Blackstone today announced the launch of Blackstone Credits Sustainable Resources Platform focused on investing in and lending to renewable energy companies and those supporting the energy transition.

Key Points: 
  • Blackstone today announced the launch of Blackstone Credits Sustainable Resources Platform focused on investing in and lending to renewable energy companies and those supporting the energy transition.
  • Blackstone Credits Sustainable Resources Platform is a dedicated credit platform that seeks to address the growing challenges, investment needs and expertise required by this historic transition.
  • It is led by Robert Horn, who has been with Blackstone Credit since its founding, and has been named Global Head of the Sustainable Resources Group for Blackstone Credit.
  • The Sustainable Resources Platform includes more than 30 investment professionals across North America and Europe, supported by the portfolio operations teams at Blackstone.

Atlantic Power Transmission LLC, a Blackstone Infrastructure Partners Portfolio Company, Announces Bid for New Jersey Offshore Wind Transmission Project

Retrieved on: 
Wednesday, December 1, 2021

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.

Key Points: 
  • 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.
  • APTs project offers a total offshore wind transmission solution of up to 3,600 MW and is expected to provide over $1.3 billion in economic value to the New Jersey economy.
  • The project is expected to deliver clean offshore wind power to over 1.5 million New Jersey families, enabled by an underground clean energy corridor connecting to an existing substation in Central New Jersey.
  • Blackstone Infrastructure Partners is an active investor across energy, transportation, digital infrastructure and water and waste infrastructure sectors.

Blackstone Renewable Energy Project Selected to Support New York’s Transition to Clean Energy

Retrieved on: 
Monday, September 20, 2021

The project will deliver 1,250 MW of clean power to New York City.

Key Points: 
  • The project will deliver 1,250 MW of clean power to New York City.
  • Jon Gray, President and Chief Operating Officer of Blackstone said: We love being a part of New York Citys move to a cleaner energy future.
  • CHPE was selected for contract negotiation as part of the award under New York State Energy Research and Development Authoritys (NYSERDA) Tier 4 renewable energy solicitation issued in January 2021.
  • Once finalized, NYSERDA will submit the negotiated contract for the awarded project to New Yorks Public Service Commission for consideration and approval.