Green
Buffett-, Anschutz-Backed Power Lines Get Deal to Move Forward
- Transmission lines will bring Wyoming wind power to West Coast
- Colorado ranch had blocked developers from building on land
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Developers of two transmission lines to bring wind power from the U.S. Rockies to the West Coast have reached an agreement with a Colorado ranch to traverse its land, removing a key hurdle that has blocked both projects for years.
The deal between Cross Mountain Ranch and the projects being built by billionaire Philip Anschutz and PacifiCorp, a unit of Warren Buffett’s Berkshire Hathaway Inc., was reached Dec. 22, a spokeswoman for Anschutz’s company said. Terms weren’t disclosed.