Deals Counterparts

SaskPower to build new transmission lines linking Saskatchewan to the Southwest Power Pool

Development Transmission announced United States Feb 24, 2026
370 MW
Capacity
development
Stage
North-South Transmission Systems Interconnection
Project

SaskPower is building new transmission lines linking Saskatchewan to the Southwest Power Pool (SPP) by 2027, increasing access to a large U.S. market.

Deal Analysis

SaskPower's announced development of new transmission lines connecting Saskatchewan to the Southwest Power Pool (SPP) represents a strategic move to expand its market access and enhance grid reliability. By 2027, this infrastructure will enable SaskPower to tap into the large U.S. market served by the SPP, potentially creating new revenue streams and diversifying its customer base. The Government of Saskatchewan's involvement underscores the project's importance to the province's economic development and energy strategy. While the deal's value remains undisclosed, the participation of SaskPower, the Government of Saskatchewan, and the SPP highlights its significance. This development aligns with broader trends in North America towards greater grid interconnection and cross-border energy trade. The successful completion of this project could serve as a model for future collaborations between Canadian and U.S. utilities, fostering a more integrated and resilient energy market.
  • SaskPower is building new transmission lines to connect with the Southwest Power Pool (SPP).
  • The project aims to increase access to a large U.S. market by 2027.
  • The Government of Saskatchewan is involved, highlighting the project's strategic importance.
  • The deal involves cross-border collaboration between a Canadian utility and a U.S. power pool.
Market Context: The deal occurs within the context of increasing North American grid interconnection and cross-border energy trade, driven by the need for enhanced reliability and access to diverse energy resources.

Source Intelligence

KEY DETAILS

SaskPower plans to expand transmission infrastructure to serve new mining developments. Quote: "In addition, SaskPower plans to expand transmission infrastructure to serve new mining developments, ensuring the region has the capacity to power economic development and future industrial demand."

Capacity
The new 370-megawatt gas-fired Aspen Power Station
Location
SaskPower is building new transmission lines linking Saskatchewan to the Southwest Power Pool (SPP) by 2027, increasing access to a large U.S. market.
Announcement
On Feb. 23, Minister of Crown Investments Corp and Minister Responsible for SaskPower Jeremy Harrison released a plan for dramatically stepping up power transmission infrastructure, not only within the province, but to our neighbours.
COD
Work is underway to build new transmission lines linking Saskatchewan to the Southwest Power Pool (SPP) by 2027
PARTIES MENTIONED IN SOURCE
S
SaskPower developer

"SaskPower is building new transmission lines linking Saskatchewan to the Southwest Power Pool (SPP) by 2027"

S
Southwest Power Pool (SPP) counterparty

"SaskPower is building new transmission lines linking Saskatchewan to the Southwest Power Pool (SPP) by 2027"

M
Manitoba Hydro counterparty

"SaskPower has no long-term firm capacity supply contracts with entities in Alberta like it does with Manitoba Hydro."

A
ATCO operator

"The only intertie between the Saskatchewan and Alberta power systems is the McNeill HVDC Converter Station, which is owned, operated and maintained by ATCO."

N
NorthPoint Energy Solutions subsidiary

"Instead, transactions with Alberta occur through real-time market trading via SaskPower’s energy marketing subsidiary, NorthPoint Energy Solutions."

F
Foran Mining customer

"A new 80-km transmission line is being built from Pelican Narrows to Foran Mining’s McIlvenna Bay copper mine."

A
Alberta Electric System Operator (AESO) counterparty

"Alberta – Alberta Electric System Operator (AESO)"

medium quality Enriched Feb 25, 2026

Timeline

Announced
Feb 24, 2026
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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