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Texas Wind Farm Transmission Lines Signals Big Move for APWR

|Includes: A-Power Energy Generation Systems Ltd. (APWR), GE

the coming 1.5 billion Texas China (NASDAQ:APWR) Wind Farm is about to get a big lift and the shareholders of APWR are going to get a massive spike in share price on Financing Approval

LCRA Transmission Services Corporation (LCRA TSC) is proposing to construct new electric transmission line facilities in Upton, Crane, Crockett, and Pecos counties. This project is one of several projects recently approved by the Public Utility Commission of Texas (PUC). The project is intended to allow for the reliable and cost-effective delivery of electric power produced from wind generators located in areas of West Texas and the Panhandle called Competitive Renewable Energy Zones (CREZ) to businesses and homes throughout the state.
LCRA TSC proposes to construct a new single-circuit, double-circuit capable, 345-kilovolt transmission line to extend from the McCamey A Station, located in southwestern Upton County, to the proposed McCamey C Station, located in northeastern Pecos County. The transmission line may be located in portions of Crane, Crockett, Pecos, and Upton counties. LCRA TSC initially will install one circuit on the transmission line with provision for a second circuit to be installed in the future.

Our consultant for this project, PBS&J, is preparing an Environmental Assessment and Alternative Route Analysis (NASDAQ:EA) to support LCRA TSC’s application for an amendment to its existing Certificate of Convenience and Necessity from the PUC. As part of this process, PBS&J is currently gathering data on the existing environment and identifying environmental and land use features within the study area. This information will be used to create an environmental and land use constraints map that is part of the EA.

The CCN application filing date for the McCamey C to McCamey A CREZ 345-kV transmission line project is July 26, 2010.

Author is LONG on APWR

Disclosure: Author is LONG on APWR