At least six major transmission lines with an aggregate price tag of nearly $9 billion are trying to get to the finish line in New England.
If any of them are successful, it would represent hundreds of millions of dollars worth of construction jobs in the region, but none of those lines are being built under a traditional utility model. They are being built on a merchant basis, meaning the developers take on the project’s risks, including the possibility that it might never see the light of day.