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CapX in the news

NO Grid North Partners - transmission f/k/a CapX 2020 Posted on by

Today in Finance & Commerce:

A 35-acre site containing a 1,950-square-foot building at 11126 245th St E. in New Market Township might make way for power lines. The site was sold to Great River Energy in Maple Grove for $1.15 million on Dec. 22. Located off I35W and south of Lakeville, the land was first developed in 1980.

Randy Fordice, spokesperson for Great River Energy, said, “The 34.86 acres of land and 1,950-square-foot building were purchased because they’re adjacent to The Lake Marion substation, which will be expanded as part of the ‘Cap X 2020’ project—a series of electric transmission lines being proposed throughout the state.”

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