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ABOUT maine transmission project

Convalt is developing this transmission corridor that would start in Northern Maine and traverse Maine and eventually into Boston and New York City. This transmission line would carry up to 4,800 MW of electricity produced by solar, wind and waste to power plants. This project would interconnect with the regional ISO´s (New England ISO, New York ISO, PJM Interconnection) and help deliver clean power for businesses and residents across Northeastern United States beginning with Maine.

Status:  Early-Stage Development
Location: Maine
Phase 1 Construction Start Date: March 2026
Phase 1 Commercial Operation Date: June 2028
Capacity: Up to 4,800 MW
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Project
Timeline

January
2022

-

March
2024

Project Development

Permits & Approvals

June - December
2024

March
2026

Construction Start Date

PHASE 1
Commercial Operation Date

June
2028

Project
Overview

Power Off-taker:

Regional New England ISO

Location:

Maine, Massachusetts, New York

Commercial Operation Date (Entire Transmission Line):

Q4 of 2030

Value:

$5 billion USD

Financial Advisor:

TBD

Legal Advisor:

TBD

Technical Advisor:

TBD

Lenders Legal Advisor:

TBD

Lenders Engineer:

TBD

Lead Debt Arranger:

TBD

Master EPC:

Lincoln Infrastructure LLC

Project Status:

dd/mm/yyyy

Memorandum of Understanding (MOU)

08/02/2013

Memorandum of Agreement (MOA)

28/08/2014

Land Lease Agreement (LLA)

08/03/2016

Power Purchase Agreement (PPA)

28/03/2016

Myanmar Investment Commission Permit (MIC Permit)

11/11/2016

Limited Notice To Proceed(LNTP)

28/12/2017

Engineering, Procurement and Construction (EPC)

14/02/2018

Environment and Social Impact Assessment Approval Letter

22/03/2018

Contact us

We will be happy to answer all your questions! Convalt Energy operates multiple entities with one core mission: Make Earth Cool Again.
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