AEP Transmission Holding Co., a subsidiary of American Electric Power (NYSE: AEP), is teaming with AltaLink LP to bid on a project to build a 311 mile, 500 kV transmission project in Alberta, Canada.
The joint venture, owned 50-50 between both companies, will operate as Athabasca Transmission to build the Fort McMurray West project. Athabasca Transmission submitted qualifications to build and operate the project in October 2013 and was picked by the Alberta Electric System Operator (AESO) as one of five qualified organizations to participate in the request for proposals. Athabasca expects to submit its proposal to develop, design, construct, own, operate and maintain the Fort McMurray West project in November 2014. The AESO is expected to make a decision in late 2014.
The other four companies accepted are Alberta PowerLine, NorSpan Partners LP, TAMA Transmission LP and TransCanada/Elecnor.
The Fort McMurray West project is expected to increase transmission within the Fort McMurray, Alberta region to help meet an expected electricity load growth. The line will connect the Thickwood Hills 500 kV substation in the Fort McMurray area to the Livock substation in Alberta and then to the Sunnybrook substation west of Edmonton.