The California Independent System Operator (CAISO) is a non-for-profit public benefit corporation that manages the flow of electricity across the high-voltage, long-distance power lines that make up 80 percent of California’s and a small part of Nevada’s electric grid.
The CAISO Board of Governors approved the HAE Project in December 2014 as part of CAISO’s 2013-2014 Transmission Plan. Economic benefits to CAISO ratepayers include over $400 million of projected production-cost savings, along with identified reliability and renewable energy integration benefits. CAISO issued a competitive solicitation in January 2015 pursuant to its tariff obligations under FERC Order No. 1000. DesertLink was selected as the Approved Project Sponsor in January 2016 based on its robust cost-containment commitments, reduced cost and schedule risk due to advanced permitting status, and strong technical and financial capabilities and experience constructing high-voltage transmission lines.
DesertLink, LLC (DesertLink) is an electric transmission utility company with a mission to ensure reliable and cost-effective electric transmission for the Western Grid, with a specific focus on the California Independent System Operator (CAISO) region. DesertLink is a wholly-owned subsidiary of LS Power, a power generation, transmission and investment group.
DesertLink was selected by CAISO through a competitive bidding process pursuant to FERC Order 1000 to develop a high-voltage transmission line in Clark County, Nevada to support the flow of electricity into and out of California. The project, formerly proposed as the Southern Nevada Intertie Project (SNIP), is now known as the Harry Allen to Eldorado 500 kV Transmission Project.
Founded in 1990, LS Power is a development, investment and operating company focused on power generation, energy infrastructure and related investments. We are employee-owned, with offices in New York, New Jersey, Missouri, California and Texas. Since our inception, we have developed, constructed, managed and acquired more than 42,000 MW of competitive power generation and over 630 miles of transmission infrastructure, for which we have raised over $45 billion in debt and equity financing.