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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 4.8 GW 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.

Project Particulars Phase 1 Phase 2 Phase 3
Location Maine New York Washington DC
HVDC (miles) 200 Miles 300 Miles 200 Miles
Technology High Voltage Direct Current (HVDC) High Voltage Direct Current (HVDC) High Voltage Direct Current (HVDC)
Electrical Sales 25 year 25 year 25 year
Grid Connection Under negotiation - New England ISO Under Negotiation - New York ISO Under Negotiation - PJM Interconnect
DC-AC Converter Stations 1 (50 acres) 1 (50 acres) 1 (50 acres)
Operation Commencement Q3 2028 Q3 of 2029 Q4 of 2030
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Project
Timeline

June
2022

Project Development Start

Q3
2028

Phase 1
Operation Commencement

Q3
2029

Phase 2
Operation Commencement

PHASE 3 (ALL PHASE)
Commercial Operation

Q4
2030

Project
Overview

Power Off-taker:

Regional New England ISO

Location:

Maine, New Hampshire, Vermont, Massachusetts, Connecticut, New York, New Jersey and Washington

All Phases Commercial Operation Date:

Q4 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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