EPISODE · Feb 17, 2026 · 4 MIN
2026.02.17 | PJM’s 765kV Expansion & PGE’s $1.9B Deal
from Current Events - The Electric Utility Today · host Edmundo Rodriguez
Utilities are racing to fund massive infrastructure upgrades, fueled by a desperate need for capacity and capital partners. We break down PJM’s selection of FirstEnergy’s proposal to build over 300 miles of 765kV transmission lines to support surging data center load. The discussion shifts to the Pacific Northwest, where Portland General Electric is partnering with Manulife in a strategic $1.9B acquisition to bolster its portfolio. Listen now to see how joint ventures are becoming the essential playbook for managing the capital costs of grid modernization.
What this episode covers
Utilities are racing to fund massive infrastructure upgrades, fueled by a desperate need for capacity and capital partners. We break down PJM’s selection of FirstEnergy’s proposal to build over 300 miles of 765kV transmission lines to support surging data center load. The discussion shifts to the Pacific Northwest, where Portland General Electric is partnering with Manulife in a strategic $1.9B acquisition to bolster its portfolio. Listen now to see how joint ventures are becoming the essential playbook for managing the capital costs of grid modernization.
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2026.02.17 | PJM’s 765kV Expansion & PGE’s $1.9B Deal
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