Deals Counterparts

NextVolt and PowerGrid Announce Joint Venture for Renewable Energy Transmission

Jv Transmission announced United States Nov 20, 2025
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

Market Context

This deal is part of the Transmission sector in United States.
140
Transmission deals
565
deals in United States
1 of 139 Transmission deals tracked this month · Updated daily

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