(Source: Datamonitor)

US-based power transmission company ITC Holdings and NorthWestern Energy have signed an expression of interest to collaborate on development of ITC's seven-state Green Power Express transmission project.
The NorthWestern partnership is one of several ITC anticipates signing in support of the 3,000-mile, 765kV electrical system, a system expected to facilitate the flow of up to 12,000MW of renewable energy from the upper Midwest to load centers in central Midwest and mid-Atlantic regions of the US.
ITC Holdings has and NorthWestern Energy believe that the Green Power Express transmission network project will provide grid access for many high efficiency wind farms in the upper Midwest and will traverse portions of North Dakota, South Dakota, Minnesota, Iowa, Wisconsin, Illinois and Indiana. It is currently estimated to cost approximately $10 billion to 12 billion.
Under the terms of the agreement, NorthWestern has expressed its interest in exploring opportunities in Green Power Express, the entity that was formed by ITC to develop the Green Power Express project.
NorthWestern will collaborate with ITC on development efforts and securing the approvals needed to move the project forward. Green Power Express will operate as an independent transmission company.
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