Joint Ventures May Be Promising Model for Transmission Projects

As the electric utility industry continues to wrestle with how best to put new wires in the air to meet ever growing demand, joint ventures in transmission infrastructure appear to offer promise in dealing with the risk of infrastructure investment. Utilities continually face obstacles with siting, cost recovery, and financing that require navigating and appeasing Wall Street, state and federal regulators, and Main Street in order to get new lines built.