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Tecnicas Reunidas to make the Biggest Ever Industrial Investment in Turkey
By hemalatha on May 29 2013 | 679 Views
The Governor of the Maine, Paul LePage, has highlighted the benefits of building this high voltage line between the countries.
Madrid, Spain, May 27, 2013 - The Governor of the Maine, Paul LePage, has highlighted the benefits of building this high voltage line between the countries.
Iberdrola’s work in the United States demonstrates Spain’s great capacity for carrying out extremely large international projects. The Spanish company is building a new high voltage line to link the United States and Canada. Iberdrola chairman Ignacio Sánchez Galán, speaking on his recent visit to the city of Lewinston in Maine, a state in the north east of the United States that borders Canada, said this was an example of the company’s international strategy of “investing in latest generation electricity infrastructure”.
Maine State Governor Paul LePage, speaking during the event to inaugurate the third of the project’s six substations, spoke highly both of “its benefits for customers as well as its contribution to the state’s economy”.
The works began in the summer of 2010 and are being carried out by Central Maine Power, Iberdrola’s subsidiary in the United States. The newly-opened substation has been linked to those that have already been completed at Albion Road, in the town of Benton, and another smaller one in the city of Monmouth.
Through its American subsidiary, Iberdrola has already increased the Gross Domestic Product of the state of Maine by between 0.5 and 0.7 percent. It has also created an average of 2,700 jobs per year, and has agreements in place with 390 contractor companies. The overall investment will stand at US$1.4 billion by 2015, when the works will be completed. By that time, the project will have created 800 kilometres of new high voltage lines that will cross the entire state of Maine. Sánchez Galán said all this will be “an initial step in being able to bring energy from other sources to the New England region”.
Press Contact:
Marca Espana
Media Relations
Marca Espana
Serrano Galvache, 26 28033 Madrid, Espana.
512-212-1139
marcaespana@vos-us.com
http://marcaespana.es
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