NextVolt and PowerGrid Announce Joint Venture for Renewable Energy Transmission
development
Stage
NextVolt and PowerGrid have formed a joint venture to develop and operate high-voltage transmission lines for renewable energy projects across the Midwest. The JV aims to improve grid reliability and facilitate the integration of new renewable energy sources.
Source Intelligence
KEY DETAILS
NextVolt aims to improve grid reliability by providing rapid, dispatchable capacity: "improving grid reliability by providing rapid, dispatchable capacity."
PARTIES MENTIONED IN SOURCE
N
NextVolt
developer
"NextVolt ™ develops, owns, and operates battery energy storage and renewable energy projects."
medium quality
Enriched Feb 19, 2026
Timeline
Announced
Nov 20, 2025
Signed
Closed
Counterparts (2)
Market Context
This deal is part of the Transmission sector in United States.
140
Transmission deals
565
deals in United States
Source
nextvolt.com
1 of 139 Transmission deals tracked this month · Updated daily
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