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| Fluor signs MOU with Clean Line Energy for 800-Mile transmission line Fluor Corp (NYSE: FLR) announced that it has signed a memorandum of understanding with Plains and Eastern Clean Line LLC (Clean Line), an affiliate of Clean Line Energy Partners LLC, to provide development support, preliminary engineering, procurement and construction services (EPC) for the proposed Plains & Eastern Clean Line project, which is an 800-mile high-voltage direct current (HVDC) transmission line from Oklahoma to Tennessee and is currently in the development and permitting stages. As part of Fluor's MOU with Clean Line, the company—with Pike Electric Corporation as a subcontractor to Fluor—will provide initial permitting and development support services for the project. After the project has received all permits and regulatory and financial approvals, Fluor and Pike will provide the full EPC services for the transmission line project. The Plains & Eastern Clean Line will consist of approximately 800 miles of overhead HVDC transmission lines that will deliver 3,500 megawatts of power from Oklahoma, Texas and Kansas to the southeastern United States. The completion of the Plains & Eastern Clean Line transmission project will make possible an estimated $7 billion of new renewable energy projects that otherwise may not be built due to limitations of the existing electric transmission grid. The Plains & Eastern Clean Line will create thousands of jobs and increase state and local tax revenues. The project is expected to take several years to fully permit and could begin commercial operations as early as 2017. write your comments about the article :: © 2011 Construction News :: home page |