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Tue March 6, 2012
Navajos Look To Invest In Grid Connection Project
ALBUQUERQUE, N.M. (AP) — A $1.5 billion effort to link the United States' three major electricity grids has caught the attention one of the country's largest American Indian tribes.
Navajo Nation President Ben Shelly has met with developers of the Tres Amigas Superstation and sees the project as an opportunity for electricity generated on the vast reservation to reach other markets.
With Tres Amigas, Shelly says Navajos have a chance to be a major energy partner and find a new, permanent stream of revenue.
Japanese investors and a European company have already signed on to the project.
Tres Amigas will include building a hub across rangeland in eastern New Mexico. It would serve as the meeting point for interconnections that serve the eastern and western halves of the U.S. and a separate grid that supplies Texas.
Copyright 2012 The Associated Press.