Lone Star Transmission – Our regulated Texas transmission subsidiary is building approximately 300 miles of 345-kilovolt transmission line from eastern Scurry County to south central Navarro County that is Journalists can reach a NextEra Energy spokesperson 24 hours a day, 7 days a week. In addition to enhancing the reliability of the ERCOT electric grid, the Lone Star Transmission project has had a meaningful impact on local economies by creating jobs and increasing direct and indirect economic activity, as well as improving local tax revenues. AUSTIN, Texas, March 28, 2013 /PRNewswire/ -- Lone Star Transmission, LLC, a rate-regulated transmission service provider in Texas, and an indirect wholly-owned subsidiary of NextEra Energy,... | … The property improvements are expected to generate property tax payments in excess of $10 million in the first full year of operation alone. “To enhance the reliability of the Electric Reliability Council of Texas (ERCOT) transmission grid and help ensure customers have access to affordable power, transmission lines like the ones we have just energized are critical to Texas’ energy future,” said Lone Star Transmission President Mike Grable. "This project, delivered on-time and under budget, will benefit Texans for decades to come. The project, which includes four circuits and five substations, stretches from Scurry County, northwest of Abilene to Navarro County, just south of Dallas. Lone Star's transmission lines are one part of a transmission grid improvement program that will add approximately 2,300 miles of 345-kv lines to deliver power from the Competitive Renewable Energy Zones (CREZ) in west Texas and the Texas panhandle to the Dallas/Fort Worth area and other population centers in Texas. Lone Star Transmission, LLC, is a rate-regulated transmission service provider in Texas that owns and operates approximately 330 miles of high-voltage transmission lines, and associated equipment, that stretches from Scurry County, northwest of Abilene to Navarro County just south of Dallas. All across the country, people are fighting the coronavirus pandemic. In addition to enhancing the reliability of the ERCOT electric grid, the Lone Star Transmission project has had a meaningful impact on local economies by creating jobs and increasing direct and indirect economic activity, as well as improving local tax revenues. AUSTIN, TEXAS – Lone Star Transmission, LLC, a rate-regulated transmission service provider in Texas, and an indirect wholly-owned subsidiary of NextEra Energy, Inc. (NYSE:NEE), today announced that it has completed energization of approximately 330 miles of new 345-kilovolt (kv) transmission lines and associated transmission facilities. Utilities Down Slightly As Investors Hedge On Stimulus Odds -- Utilities Roun.. Lone Star Transmission is an indirect wholly-owned subsidiary of Juno Beach, Fla.-based NextEra Energy, Inc. (NYSE: NEE). “This project, delivered on-time and under budget, will benefit Texans for decades to come. Client: NextEra Lonestar Transmission. http://photos.prnewswire.com/prnh/20130328/FL85056LOGO. AUSTIN, Texas, March 28, 2013 /PRNewswire/ -- Lone Star Transmission, LLC, a rate-regulated transmission service provider in Texas, and an indirect wholly-owned subsidiary of NextEra Energy, Inc. (NYSE: NEE), today announced that it has completed energization of approximately 330 miles of new 345-kilovolt (kv) transmission lines and associated transmission facilities. Lone Star Transmission is the first new transmission utility to energize its CREZ facilities. Lone Star Transmission, LLC, is a rate-regulated transmission service provider in Texas that owns and operates approximately 330 miles of high-voltage transmission lines, and associated equipment, that stretches from Scurry County, northwest of Abilene to Navarro County just south of Dallas. The project, which includes four circuits and five substations, stretches from Scurry County, northwest of Abilene to Navarro County, just south of Dallas. For more information, visit www.lonestar-transmission.com. We look forward to exploring new opportunities that will further strengthen the transmission grid and grow the Texas economy.". The property improvements are expected to generate property tax payments in excess of $10 million in the first full year of operation alone. http://photos.prnewswire.com/prnh/20130328/FL85056LOGO. The CREZ initiative is an unprecedented effort that has placed Texas in the forefront of a national effort to promote renewable energy, enhance the Texas economy, introduce competition and innovation, and strengthen the reliability of the ERCOT electric grid. For more information, visit www.lonestar-transmission.com. Approximately 900 construction jobs were created during the roughly three-year construction period. Lone Star Transmission. Further, this project will generate significant new tax revenues. About Lone Star Transmission
With headquarters and control centers in Austin, Texas and field offices in Hillsboro and Abilene, Texas, Lone Star Transmission now employs nearly 40 people to operate the transmission lines and associated facilities in a safe and reliable manner. Further, this project will generate significant new tax revenues. Daniel Santavicca. We look forward to exploring new opportunities that will further strengthen the transmission grid and grow the Texas economy.". The CREZ initiative is an unprecedented effort that has placed Texas in the forefront of a national effort to promote renewable energy, enhance the Texas economy, introduce competition and innovation, and strengthen the reliability of the ERCOT electric grid.
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